Judges Scientific warns on year ahead
Shares in Judges Scientific, the Sussex based manufacturer of scientific instruments, fell despite the company saying it expects adjusted earnings per share for 2011 to be ahead of the consensus forecast.
Shares in Judges Scientific, the Sussex based manufacturer of scientific instruments, fell despite the company saying it expects adjusted earnings per share for 2011 to be ahead of the consensus forecast.
Investors were evidently concerned over the firm's warning that the year ahead remains uncertain.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"The global economic outlook remains difficult and the year ahead promises much uncertainty. Thankfully our sector has remained relatively sheltered from the general despondency, particularly in the Far East, which accounts for a significant proportion of our sales.
"With a solid order book, a strong balance sheet and a number of new or updated products, the directors are confident that the group is well equipped for 2012."
The share price fell 1.76% to 417.5p by 13:08.
NR
-
Premium Bonds quiz: How much do you know about the NS&I savings product?Quiz Many savers choose Premium Bonds in the hopes of winning a prize in the monthly draws. How much do you know about the savings product?
-
UK dividends rose in final quarter of 2025, but share buybacks ate into investor payoutsLast year saw dividend growth continue to fall below pre-pandemic averages, against a backdrop of increasing share buybacks.
