Judges Scientific's focus is paying dividends
Judges Scientific PLC (LON:JDG) posted strong 2018 full year results
with revenues at £77.9mln (9% up year-on-year, including 5.5%
organic growth) and adjusted operating profit at £14.7mln (35%
up year-on-year). Revenue growth was solid across the regions,
except for China/Hong Kong, where sales were down by 8%
following the previous annual growth of 39%. With more than 85%
of goods being exported, the weakness of sterling continued to
benefit the group’s order intake, which grew across the region
including 6% organic growth.
Judges Scientific is engaged in the design, manufacture and sale of scientific instruments. Co.'s subsidiary, CoolLED Limited, designs, manufactures and markets illumination systems for fluorescence microscopy; while its other subsidiary, Fire Instrumentation & Research Equipment, manufactures instruments which test reaction to fire. Co.'s subsidiary, Dia-Stron Limited, designs, manufactures and sells systems to test the mechanical properties of fibres; and Co.'s subsidiary, EWB Solutions Limited, manufactures edge-welded bellows used in Ultra High Vacuum systems and other scientific, medical and defence applications. Co. operates two main operating segments: Materials Sciences and Vacuum.
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