Judges Scientific to exceed market expectations

Sussex based manufacturer of scientific instruments, Judges Scientific, saw its share price rise Wednesday after announcing that adjusted earnings for the full year are likely to exceed current market expectations.

Sussex based manufacturer of scientific instruments, Judges Scientific, saw its share price rise Wednesday after announcing that adjusted earnings for the full year are likely to exceed current market expectations.

Since 30 June 2011, the group's operations have continued to generate satisfactory sales and margins. Deben, in which Judges has a 51% interest, has performed strongly and in line with what the board anticipated.

The firm added that group order intake has remained "robust".

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The share price rose 7.32% to 440p by 13:39.

NR