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24 Jan 2013 07:00
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Judges Scientific plc
24 January 2013
Judges Scientific plc (the "Group" or "Judges")
Trading Statement
The Directors of Judges (the "Board") are pleased to update shareholders on the Group's trading performance in respect of the financial year ended 31 December 2012.
The year concluded positively with the Group maintaining momentum in sales, profits and cash flow. The Board expects that adjusted earnings per share for 2012 will achieve the market's expectations with a good measure of comfort. The financial position at the year-end is robust and reflects an active year that witnessed two acquisitions and a Β£3.0 million placing.
The Group's order book at 31 December 2012 represents almost eleven weeks' sales; this is higher than at the previous year-end but the figure is flattered by the inclusion, for the first time, of Global Digital Systems Limited, which tends to have a longer order book.
The Board believes that global economic conditions are somewhat less turbulent than at the outset of 2012 and are hopeful that Judges will continue to display its resilience in 2013 with another year of progress.
Ends
Press enquiries:
Judges Scientific Plc
David Cicurel, CEO,
Tel: 01342 323 600
Β
Shore Capital (Nominated Adviser & Broker)
Pascal Keane
Edward Mansfield,
Tel: 020 7408 4090
Β
Cardew Group (PR)
Melvyn Marckus
Tel: 07775 896 491
Β
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