SDI Group (SDI)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 91.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 95.00p
  • 52 Week Low: 47.50p
  • Currency: UK Pounds
  • Shares Issued: 104.55m
  • Volume: 258,018
  • Market Cap: £95.66m
  • RiskGrade: 105
  • Beta: 0.01

SDI acquires fume cupboard maker Safelab

By Josh White

Date: Monday 28 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Digital imaging and sensing technology company SDI Group announced the acquisition of Safelab Systems on Monday - a UK manufacturer of fume cupboards.
The AIM-traded firm said total consideration was forecast to be around £7.7m, net of cash acquired.

It said Safelab produces high-specification fume cupboards and similar cabinets, for both commercial and research laboratories.

It said it has a "special focus" on the education sector, which requires versatile and fully-featured ducted cabinets, often specified in newly-built or refurbished laboratory facilities.

Safelab's cabinets are designed and manufactured in a dedicated facility in Weston-Super-Mare, with the company expecting revenues for the year ended 28 February to be about £4.8m, with adjusted EBIT of £0.9m.

The acquisition was expected to be broadly neutral to the 2022 financial year, SDI said, and enhancing to profit and earnings in 2023.

Its board said the acquisition followed its December 2020 purchase of Monmouth Scientific - a manufacturer of clean rooms, fume cabinets and safety cabinets based in Bridgwater.

The company was expecting to maintain the identity and autonomy of both companies in their current locations, while looking for opportunities to enhance the total customer offer.

"The acquisition of Safelab is another step in our Group growth strategy, and the second significant acquisition of the financial year, demonstrating again the opportunities to acquire in sectors related to our existing portfolio," said chairman Ken Ford.

"The acquisition is expected to be earnings enhancing in the 2023 financial year.

"We are delighted to welcome Roger Guess and his staff to the SDI Group."

At 1203 BST, shares in SDI Group were up 3.43% at 181p.

Email this article to a friend

or share it with one of these popular networks:


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.

 

SDI Group Market Data

Currency UK Pounds
Share Price 91.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 95.00p
52 Week Low 47.50p
Volume 258,018
Shares Issued 104.55m
Market Cap £95.66m
Beta 0.01
RiskGrade 105

SDI Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average66.06% below the market average
37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average37.14% below the sector average
Price Trend
52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average52.34% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income Not Available
Growth
62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average62.92% below the market average
51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average51.52% below the sector average

SDI Group Dividends

No dividends found

Trades for 28-Aug-2025

Time Volume / Share Price
15:49 2,500 @ 91.10p
15:42 10,000 @ 91.60p
14:00 1,700 @ 90.00p
14:00 1,700 @ 90.00p
11:26 10,485 @ 91.55p

SDI Group Key Personnel

CFO Ami Sharma
CEO Stephen Brown

Top of Page