16 July – trading update

The scientific instrument group Judges Scientific has issued a positive trading statement covering the six months to 30 June.  Trading activity during the period remained robust, and order intake was much stronger than in the comparable period of 2009.  The results for the first six months of the financial year will include a full first time contribution from Quorum (acquired last year) and a three month contribution from Sircal.  These results should demonstrate significant year-on-year progress and with earnings per share likely to come out at around 31p for the 2010 calendar year, the shares remain a BUY.