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The latest update is out from Judges Scientific ( (GB:JDG) ).
In 2024, Judges Scientific faced a challenging trading environment, with significant reductions in orders from China and delayed customer orders impacting revenue. Despite a 7% increase in organic order intake, organic revenues declined by 5.8%, affecting profitability. However, the company achieved a return to historical cash conversion levels and anticipates a more positive start to 2025 with resumed projects expected to contribute to earnings. The board remains confident in the long-term growth potential of the business.
More about Judges Scientific
Judges Scientific plc is a group focused on acquiring and developing companies in the scientific instrument sector. The company has acquired 25 businesses since 2005, primarily UK-based, and sells products worldwide to markets such as higher education institutions, scientific research facilities, manufacturers, and regulatory authorities. The group operates in niche markets with long-term growth potential and resilient margins, emphasizing sustainable profits, organic growth, and shareholder returns.
YTD Price Performance: -12.90%
Average Trading Volume: 16,334
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £488.9M
For an in-depth examination of JDG stock, go to TipRanks’ Stock Analysis page.