News blog
Judges Capital
- BY: Andrew Hore |
- POSTED: 15/07/2008 |
Judges Capital says its interim earnings per share will be more than double.
The scientific instruments manufacturer had already said in May that they would double but they will be even better than first thought. In the first half of 2007 the adjusted earnings per share figure was 4.09p.
The order book is slightly ahead of the June 2007 level. Management warns that investors shouldn’t assume the first half rate of growth will continue in the second half. The £525,000 placing in May will also dilute earnings per share.
House broker Shore Capital was previously forecasting profits of £1.06m and earnings per share of 14.1p for 2008.
The shares rose 1p to 109p, valuing Judges at £4.4m.
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