Judges Scientific (JDG)

Sector:

Engineering

Index:

FTSE AIM 100

 11,200.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 11,800.00
  • 52 Week Low: 7,400.00
  • Currency: UK Pounds
  • Shares Issued: 6.64m
  • Volume: 1,570
  • Market Cap: £743.76m
  • RiskGrade: 163

Judges Scientific remains profitable after fall in revenue

By Josh White

Date: Tuesday 23 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Scientific instrument technology investor and developer Judges Scientific reported a 3.2% fall in revenues in its final results on Tuesday, to £79.9m, which included a 12.3% decline on an organic basis.
The AIM-traded firm said that despite the challenges of the Covid-19 pandemic, it still generated "significant" profits in every month of the year ended 31 December, although adjusted operating profit was down 17% at £14.4m.

Adjusted basic earnings per share were 20% lower than in 2019, at 177.2p.

On a statutory basis, Judges said operating profit fell to £10.2m from £14.1m, while statutory basic earnings per share slid to 131.1p from 183.1p.

The board proposed a final dividend of 38.5p, making for total distributions of 55p for the year, up 10% over 2019 and covered 3.2x by adjusted earnings.

Judges Scientific said its organic order intake was down 13.2% over 2019, while its organic order book stood at 14 weeks at year-end, up from 13.2 weeks at the end of 2019, with its total order book being 15.8 weeks.

Cash generated from operations was down to £14.6m from £19.1m, while adjusted net debt widened to £5.7m at year-end, from £2m a year earlier.

Statutory net debt was £5.7m, compared to £0.3m 12 months prior.

Cash balances stood at £15.5m as at 31 December, up from £14.1m at the beginning of 2020.

"It was unfortunate that the pandemic interrupted the momentum of our financial progress but I am proud that our businesses took swift, proactive and bespoke action to optimise their performance through this difficult year," said chairman Alex Hambro.

"The group's resilience has enabled it to continue executing its business model with the completion of two acquisitions, and to recommend an increased final dividend for the year."

At 1428 GMT, shares in Judges Scientific were up 2.26% at 6,340p.

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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 11,200.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 11,800.00
52 Week Low 7,400.00
Volume 1,570
Shares Issued 6.64m
Market Cap £743.76m
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
86.18% above the market average86.18% above the market average86.18% above the market average86.18% above the market average86.18% above the market average
88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average88.57% above the sector average
Income
96.48% below the market average96.48% below the market average96.48% below the market average96.48% below the market average96.48% below the market average
88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average88.24% below the sector average
Growth
5.54% above the market average5.54% above the market average5.54% above the market average5.54% above the market average5.54% above the market average
3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above 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 01-May-2024

Time Volume / Share Price
16:35 105 @ 11,200.00p
16:35 99 @ 11,200.00p
16:35 1 @ 11,200.00p
16:35 1 @ 11,200.00p
16:35 4 @ 11,200.00p

JDG Key Personnel

Chair Alexander Hambro
CEO David Cicurel

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