StockMarketWire.com - Scientific instrument business Judges Scientific posted a doubling of annual profit, as sales growth in developed countries more than offset a weaker performance in China.
Pre-tax profit for the year through December jumped to £10.2m, up from £5.1m on-year.
Revenue rose 9.0% £77.9m and included organic revenue growth of 5.5%.
Adjusted operating profit rose 35% to £14.7m.
The company declared a final dividend of 28p per share, totalling 40p for the year, up 25% on-year.
'2019 has started well and, with a robust balance sheet and a strong order book, Judges is well positioned to face an uncertain macro and political climate,' chief executive Alex Hambro said.
At 1:43pm: [LON:JDG] Judges Scientific PLC share price was +20p at 2890p
Story provided by StockMarketWire.com
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