SDI Group PLC – SDI – Trading Update

SDI Group PLC – SDI – Trading Update

SDI Group 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 provide an update on trading for the year ended 30 April 2021.

Following the Company's February Trading Update, March and April sales and order intake have been robust across all of our businesses, evidencing a further and welcome return towards normality in our served markets.

Subject to any audit adjustments, we now expect to report Revenue of approximately £35.3m and Adjusted* Profit Before Tax of approximately £7.4m, both of which are higher than those provided in our 10 February 2021 Trading Update. 

We have not changed our expectations for our current financial year ending 30 April 2022 compared with the update provided on 10 February 2021 (Sales > £42.0m, Adjusted PBT > £8.7m).

Ken Ford, Chairman of SDI, commented: "This further increase in performance in a challenging year underlines the strength of the SDI operating model and the dedication of our staff."

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