SDI Group (SDI)

Sector:

Health Care

Index:

FTSE AIM All-Share

53.60p
   
  • Change Today:
      0.50p
  • 52 Week High: 91.70
  • 52 Week Low: 36.25
  • Currency: UK Pounds
  • Shares Issued: 97.50m
  • Volume: 33,734
  • Market Cap: £52.26m
  • RiskGrade: 105

SDI trades in line, withdraws 2021 guidance

By Iain Gilbert

Date: Thursday 23 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Scientific and technology products manufacturer SDI pulled guidance for 2021 due to the coronavirus pandemic but held forecasts for the current year.


SDI said it had continued to operate at all eight of its operating units following the UK lockdown on 23 March, bringing in roughly ?24m in sales during the period.

In order to weather the storm, the AIM-listed firm said it had reduced business costs, including lowering board salaries and fees by 33% and furloughing staff, and had also made use of support programmes by the US and UK governments.

However, due to Covid-19, SDI withdrew its market guidance for the year ending 30 April 2021 due to some disruption to supply and some slow-down in orders.

Chief executive Ken Ford said: "The group remains open for business, although due to Covid-19, sales are at reduced levels.

"Demand for some SDI products has increased and the group looks forward to being able to grow both organically and through acquisition during the new financial year when conditions permit."

As of 0925 BST, SDI shares were up 6.19% at 60p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SDI Group Market Data

Currency UK Pounds
Share Price 53.60p
Change Today 0.50p
% Change 0.94 %
52 Week High 91.70
52 Week Low 36.25
Volume 33,734
Shares Issued 97.50m
Market Cap £52.26m
RiskGrade 105

SDI Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
27.69% above the market average27.69% above the market average27.69% above the market average27.69% above the market average27.69% above the market average
2.56% below the sector average2.56% below the sector average2.56% below the sector average2.56% below the sector average2.56% below the sector average
Income Not Available
Growth Not Available

SDI Group Dividends

No dividends found

Trades for 13-Jul-2020

Time Volume / Share Price
09:27 193 @ 52.65p
09:02 546 @ 52.63p
08:43 15,000 @ 53.98p
08:23 462 @ 54.00p
08:19 15,000 @ 53.84p

SDI Group Key Personnel

CEO Mike Creedon
CFO Jon Abell

Top of Page