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Pin to quick picksJudges Scientific Share News (JDG)

Share Price Information for Judges Scientific (JDG)

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Judges Scientific subsidiary buys Luciol for GBP1.8 million

Thu, 01st Feb 2024 10:15

(Alliance News) - Judges Scientific PLC on Thursday said its subsidiary PE Fiberoptics Ltd has acquired Luciol Instruments SA, which it expects to be "earnings enhancing."

The London-based acquirer of scientific-instrument companies said the initial consideration for Luciol is CHF2 million, or GBP1.8 million in cash plus an earn-out payment due in 2024.

The total payment will be capped at CHF2.5 million.

Judges Scientific notes that the acquisition and associated transaction costs have been funded from its existing cash balances.

Chair Alex Hambro said: "We are pleased to welcome Luciol, a solid and profitable company manufacturing quality products, to the Judges group. The board believes that its interaction with PFO will be fruitful."

Luciol is a Swiss company which manufactures and sells instruments to measure optic fibre properties.

Shares in Judges Scientific rose 3.5% to 9,520.00 pence each in London on Thursday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Judges Scientific COO Mark Lavelle eyes 2026 retirement

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27 Jan 2025 07:00

IN BRIEF: Judges Scientific director buys GBP150,000 in shares

Judges Scientific PLC - London-based investor in scientific instrument sector - Non-Executive Director Lushani Kodituwakku and associates buy 2,146 shares at 7,415 pence and 7,103p, worth GBP157,594, on Thursday and Friday last week. She now has 2,471 shares.

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20 Jan 2025 11:46

Berenberg lowers target pice on Judges Scientific

(Sharecast News) - Analysts at Berenberg lowered the target price on scientific instruments business Judges Scientific from 11,310.0p to 10,600.0p on Monday, citing "greater clarity" following the group's FY24 trading update.

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(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and on Friday:

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Judges Scientific encouraged by start to 2025 after "difficult" year

(Alliance News) - Judges Scientific PLC on Monday said it expects 2024 earnings in line with market expectations after mixed trading in 2024.

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Jefferies 'cautiously optimistic' for UK industrials in 2025

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20 Jan 2025 07:53

Judges Scientific says outlook improving after 'difficult' 2024

(Sharecast News) - Scientific instruments conglomerate Judges Scientific has reassured investors that results for 2024 will be in line with expectations despite a "difficult year" for the company.

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20 Dec 2024 14:28

EXECUTIVE CHANGES: Judges Scientific chair, founding director retires

(Alliance News) - The following is a round-up of London-listed company director and manager changes on Friday and not separately reported by Alliance News:

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