SDI Group Share News (SDI)

SDI promotes Chief Operating Officer Stephen Brown to chief executive

(Alliance News) - SDI Group PLC on Monday said its chief executive officer has stepped down, naming its chief operating officer as successor.

SDI shares fall as profit plummets on slowdown and destocking

(Alliance News) - SDI Group PLC on Thursday said its first-half performance was hurt by slowdowns in China and Germany, with its profit falling despite increased revenue.

IN BRIEF: SDI Group CEO Mike Creedon buys 40,000 shares

SDI Group PLC - Cambridge-based medical technology company - Chief Executive Mike Creedon buys 42,606 shares at average price of 116 pence each, worth GBP49,423, in London on Monday. Creedon now holds 393,978 shares, a 0.38% stake.

SDI Group acquires Peak Sensors for £2.4m

(Sharecast News) - Digital imaging and sensing technology developer SDI Group announced the completed acquisition of Peak Sensors on Monday.

IN BRIEF: SDI Group buys Peak Sensors for GBP2.4 million

SDI Group PLC - Cambridge-based medical technology company - Buys Peak Sensors Holdings Ltd, a Chesterfield-based manufacturer of temperature sensors, for a forecast total consideration of GBP2.4 million. Peak Sensors has a 5,300 square foot leasehold facility, and 14 employees. For the year ended March 31, the firm made revenue of GBP2.1 million, with earnings before interest and tax of GBP330,000.

TRADING UPDATES: National World buys two companies for GBP11 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

IN BRIEF: SDI appoints AB Dynamics' Brown as chief operating officer

SDI Group PLC - Cambridge-based medical technology company - Appoints Stephen Brown as new chief operating officer, due to join on September 28. Brown was previously COO at AB Dynamics PLC, and chief executive officer at BP Launchpad, part of BP PLC.

SDI reports annual revenue rise after two "high quality" acquisitions

(Alliance News) - SDI Group PLC on Tuesday reported a rise in revenue following two successful acquisitions in its financial year.

AIM WINNERS & LOSERS: Ilika rises on battery shipments; SDI slides

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

IN BRIEF: SDI shares down as confirms annual profit will be flat

SDI Group PLC - Cambridge-based medical technology - Estimates revenue was about GBP69 million for the financial year that ended on April 30, up from GBP49.7 million the year before. Adjusted pretax profit is expected to be in the region of GBP11.8 million, unchanged from financial 2022 and in line with current expectations, it says. Looking ahead, SDI says it continues to invest in its existing businesses and in "acquiring complementary businesses". Expects to continue its buy-and-build strategy in financial 2024. "2022 was a busy calendar year for SDI, with four new businesses joining the group, all of whom have contributed to an excellent financial year," Chair Ken Ford says. "We have executed once again on all facets of our buy and build strategy, delivering a record adjusted operating profit performance" in financial 2023.

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

IN BRIEF: SDI buys manufacturer of anti-static equipment Fraser

SDI Group PLC - Cambridge-based medical technology firm - Buys Fraser Anti-Static Techniques Ltd for an estimated GBP16.9 million, including around GBP3.9 million excess cash acquired. Consists of an initial consideration of GBP15.4 million, which represents a net GBP12.0 million payable in cash at completion, and a balancing payment in cash of about GBP1.5 million after completion. SDI says the acquisition is expected to be earnings enhancing in the current financial year.

SDI Group acquires Fraser Anti-Static Techniques

(Sharecast News) - Scientific products group SDI Group has acquired British anti-static equipment manufacturer Fraser Anti-Static Techniques in a deal valued at approximately £13.0m.

TRADING UPDATES: AB Dynamics revenue up; SDI Group trades in line

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: