Judges Scientific (JDG)

Sector:

Engineering

Index:

FTSE AIM 100

10,200.00p
   
  • Change Today:
    -100.00p
  • 52 Week High: 11,800.00
  • 52 Week Low: 7,400.00
  • Currency: UK Pounds
  • Shares Issued: 6.62m
  • Volume: 13,848
  • Market Cap: £675.10m
  • RiskGrade: 163

Judges Scientific lifts earnings expectations after 'difficult' year

By Josh White

Date: Thursday 07 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Scientific instrument sector investor Judges Scientific lifted its earnings expectations for 2020 on Thursday, as its explained that following the outbreak of Covid-19 and the "difficult" trading conditions associated with lockdowns globally, the main impact it had experienced had been on order intake.
The AIM-traded firm said order intake was a "fundamental" driver of all of its key performance metrics.

For 2020, year-on-year organic order intake receded by 13, although it noted that it had started 2021 with a "comfortable" organic order book, equivalent to 14 weeks of budgeted sales, compared to 13.2 weeks at the beginning of 2020.

Strong bookings by its recent acquisitions added to the total order book, bringing it to 15.5 weeks.

Judges Scientific said it delivered "significant" profit in each month of 2020, as cash generation remained healthy throughout the year.

Exchange rates remained favourable throughout the year in spite of sterling strengthening in the run-up to the conclusion of a trade deal with the European Union, the board explained.

At the same time, the group continued to deliver on its acquisition strategy with the completion of two acquisitions.

"The group continues to prioritise the safety of its colleagues, and despite the numerous challenges posed by the pandemic, the group's performance has remained resilient with the second half of the financial year showing a gradual improvement in our trading environment," the board said in its statement.

"As a result, the board anticipates that adjusted earnings per share for the full year ended 31 December will be ahead of market expectations."

Judges Scientific said it would announce its full year results for the year ended 31 December on 23 March.

At 0818 GMT, shares in Judges Scientific were up 3.49% at 6,520p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JDG Market Data

Currency UK Pounds
Share Price 10,200.00p
Change Today -100.00p
% Change -0.97 %
52 Week High 11,800.00
52 Week Low 7,400.00
Volume 13,848
Shares Issued 6.62m
Market Cap £675.10m
RiskGrade 163

JDG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
100% below the market average100% below the market average100% below the market average100% below the market average100% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
79.09% above the market average79.09% above the market average79.09% above the market average79.09% above the market average79.09% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Income
95.71% below the market average95.71% below the market average95.71% below the market average95.71% below the market average95.71% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
1.28% above the market average1.28% above the market average1.28% above the market average1.28% above the market average1.28% above the market average
3.03% below the sector average3.03% below the sector average3.03% below the sector average3.03% below the sector average3.03% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

JDG Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Jun-24 05-Oct-23
Paid 05-Jul-24 03-Nov-23
Amount 68.00p 27.00p

Trades for 28-Mar-2024

Time Volume / Share Price
15:41 1,500 @ 10,275.00p
14:49 1,400 @ 10,275.00p
16:43 15 @ 10,200.00p
16:43 15 @ 10,200.00p
16:36 210 @ 10,200.00p

JDG Key Personnel

Chair Alexander Hambro
CEO David Cicurel

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