Judges Scientific reports sustained organic order intake in 2017


The board said the positive demand for it products, observed since June 2016, has been sustained throughout 2017, with organic * order intake increasing 16 per cent over the prior year. As a result, the group enters 2018 with a robust order book, totalling 14.9 weeks of sales compared to 13.9 weeks on 1 January 2017.

For the year as a whole, the two businesses that had experienced lower demand in 2016 recovered to normal levels of orders, sales and profitability.

The business, which had been affected by production and supply chain problems, made progress particularly in the last four months of the year.

The board said group sales and profits were driven forward by the healthy order intake and very favourable exchange rates.

Consequently, it anticipates that EPS for the full year ended 31 December 2017 will be ahead of current market expectations.

Judges Scientific plc said it expects to announce its full year results for the year ended 31 December 2017 on 20 March 2018.

* Organic includes those businesses owned by the Group prior to 1 January 2016

The post Judges Scientific reports sustained organic order intake in 2017 appeared first on Growth Company Investor.

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