SDI FY results seen in line with market expectations

(Sharecast News) - Buy and build group SDI said on Wednesday that it has continued to see positive momentum across its portfolio with an improvement in group organic growth compared to last year.

SDI expects to deliver full-year results in line with market expectations for revenues of £75.2m, adjusted operating profits of £11.4m and adjusted pre-tax profits of £9.8m.

The AIM-listed firm also anticipates that both profit and revenues will again be weighted towards the second half of the year, reflecting its current orderbook and pipeline.

As of 0840 BST, SDI shares were down 1.01% at 98p.





Reporting by Iain Gilbert at Sharecast.com