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Trading Update

27 Jun 2019 07:00

RNS Number : 5580D
Scientific Digital Imaging Plc
27 June 2019
 

Scientific Digital Imaging plc

("SDI", the "Company" or the "Group")

(AIM: SDI)

 

Trading Update

Scientific Digital Imaging plc, the AIM quoted group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, is pleased to announce a revised update on trading for the year ended 30 April 2019.

The Group now expects full year revenues to be approximately £17.4 million, compared with £14.5 million in 2018.

Adjusted Profit Before Tax (before amortisation of acquired intangibles, share based payments and acquisition and reorganisation costs) is expected to be no less than £2.9 million, compared with £2.3 million in 2018. Reported Profit Before Tax is expected to be no less than £2.0 million, compared with £1.7 million in 2018. This uplift in FY19 guidance reflects the accumulation of positive outcomes in relation to items subject to prudent estimate or judgement at the time of the 15 May 2019 trading update.

Net debt at 30 April 2019 was approximately £1.6 million.

All 2019 numbers provided are unaudited.

Ken Ford, Chairman of SDI, commented:

"As previously stated, this has been a good year for SDI, growing the business and delivering on our acquisition strategy, whilst laying the foundation for further growth in the future.

"The very positive financial results underline the strength of our business model and reflect the hard work of all our staff over the past year".

The final results for the year ended 30 April 2019 are expected to be released on 18 July 2019.

Enquiries

Scientific Digital Imaging plc 01223 320480

Ken Ford, Chairman

Mike Creedon, CEO

Jon Abell, CFO

www.scientificdigitalimaging.com

 

finnCap Ltd 020 7220 0500

Ed Frisby/Kate Bannatyne - Corporate Finance

Andrew Burdis/Sunila de Silva - ECM

 

JW Communications 07818 430877

Julia Wilson - Investor & Public Relations

About SDI:

Scientific Digital Imaging plc ("SDI") designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems Applied Thermal Control, MPB Industries and Fistreem.

 

SDI continues to grow by developing its own technology advancements and by improving its global distribution footprint, as well as through pursuing strategic, complementary acquisitions.

 

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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TSTSEAFMMFUSESM
Date   Source Headline
24th Jan 20177:00 amRNSInterim Results
19th Jan 201712:54 pmRNSHolding(s) in Company
12th Jan 20179:35 amRNSHolding(s) in Company
11th Jan 201711:17 amRNSHolding(s) in Company
10th Jan 201712:05 pmRNSResult of General Meeting
20th Dec 20167:00 amRNSEquity Fundraising & Acquisition
23rd Sep 20163:20 pmRNSResult of AGM
22nd Jul 20167:00 amRNSFinal Results
11th Jul 20167:00 amRNSFurther guidance from DoH on contamination levels
24th May 20167:00 amRNSTrading Update
12th Jan 20163:57 pmRNSHolding(s) in Company
8th Jan 20167:00 amRNSHalf Yearly Report
5th Jan 20163:27 pmRNSHolding(s) in Company
17th Nov 20154:58 pmRNSHolding(s) in Company
17th Nov 20152:11 pmRNSHolding(s) in Company
13th Nov 201512:12 pmRNSResult of General Meeting
29th Oct 20151:44 pmRNSDirector Dealing
28th Oct 20155:36 pmRNSAcquisition, Equity Fundraising and Notice of GM
23rd Sep 20152:00 pmRNSResult of AGM
28th Jul 20157:00 amRNSFinal Results
26th May 20157:01 amRNSGuidance from DoH on contamination levels
14th May 20157:00 amRNSTrading Update
9th Feb 20151:00 pmRNSResult of General Meeting
15th Jan 20152:50 pmRNSDirector/PDMR Shareholding
15th Jan 20157:01 amRNSIssue of Equity and Notice of General Meeting
15th Jan 20157:00 amRNSHalf Yearly Report
23rd Sep 201411:54 amRNSResult of AGM
11th Aug 20147:00 amRNSFinal Results for the year ended 30 April 2014
1st Aug 20143:37 pmRNSTotal Voting Rights
20th May 20147:00 amRNSTrading update
1st May 20147:00 amRNSPXi Touch being used at University of Cambridge
10th Apr 20147:00 amRNSHolding(s) in Company
14th Mar 20147:00 amRNSExpansion of Imaging Systems range
14th Feb 20147:00 amRNSAcquisition of Opus Instruments
20th Dec 20137:00 amRNSHalf Yearly Report
14th Oct 20134:30 pmRNSHolding(s) in Company
17th Sep 20137:00 amRNSResult of AGM
29th Aug 20137:00 amRNSNotice of AGM - change of venue
25th Jul 201312:39 pmRNSDirector/PDMR Shareholding
24th Jul 201310:36 amRNSDirector/PDMR Shareholding
24th Jul 20137:01 amRNSRe ProReveal
24th Jul 20137:00 amRNSFinal Results
9th Jul 201311:26 amRNSResult of GM
21st Jun 201311:30 amRNSIssue of Equity, Trading Update and Notice of GM
7th Mar 20133:52 pmRNSCorrection re directors dealings announcements
8th Feb 20137:00 amRNSSale of ProtoCOL 3 Systems to Chinese SFDA
12th Dec 20124:32 pmRNSDirector/PDMR Shareholding
12th Dec 201212:43 pmRNSDirector/PDMR Shareholding
12th Dec 20127:00 amRNSUnaudited Interim Results to 31 October 2012
12th Dec 20127:00 amRNSSynoptics Health: ProReveal product launch update

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