Judges Scientific (JDG) Interim results presentation - September 2024

Judges Scientific CEO, David Cicurel, CFO, Brad Ormsby, COO, Mark Lavelle and Group Business Development Director, Tim Prestidge present the group's results for the six months ended 30 June 2024, followed by Q&A. David Cicurel, CEO 00:16 - Introduction 05:22 - Aquisition criteria and process 08:22 - H1 Key messages Brad Ormsby, CFO 11:11 - H1 FInancial highlights 14:34 - Performance 15:16 - Financial summary 17:33 - Profit Bridge 18:13 - Balance sheet and cashflow 19:42 - Amendment of banking facilities 20:32 - Return on Total Invested Capital 21:24 - Group diversification 22:30 - Financial history David Cicurel, CEO 23:17 - Growth Strategy 23:27 - Aquisitions Mark Lavelle, COO & Tim Prestidge, GBDD 29:34 - Organic model David Cicurel, CEO 40:19 - Outlook & investment case 42:36 - Q&A Judges Scientific plc (AIM: JDG), is a group focused on acquiring and developing companies in the scientific instrument sector. The Group now consists of 25 businesses acquired since 2005. The acquired companies are primarily UK-based with products sold worldwide to a diverse range of markets including: higher education institutions, scientific research facilities, manufacturers and regulatory authorities. The UK is a recognised centre of excellence for scientific instruments. The Group has received five Queen's Awards for innovation and export. The Group's companies predominantly operate in global niche markets, with long term growth fundamentals and resilient margins. Judges Scientific maintains a policy of selectively acquiring businesses that generate sustainable profits and cash. Shareholder returns are created through the reduction of debt, organic growth and dividends. For further information, please visit www.judges.uk.com