Science Group PLC AGM Trading Update
June 18 2024 - 2:00AM
RNS Regulatory News
RNS Number : 7725S
Science Group PLC
18 June 2024
18 June 2024
AGM Trading
Update
Science Group plc provides the
following trading update ahead of its Annual
General Meeting to be held today.
In the first months of 2024, the
Group overall is trading in line with the Board's expectations with
Adjusted Operating Profit for the interim period ending 30 June
2024 anticipated to be ahead of the prior year. The Group benefits
from business and sector diversity and the resilient first half
performance, despite the currently unpredictable political and
market environment, provides a good foundation for the year as a
whole.
At 31 May 2024, the Group had gross
cash of £38.1 million and net funds of £25.4 million. The strong
cash position allows the Board to explore corporate opportunities
and to continue the share buy-back programme in the second half of
the year.
.
End
Science Group plc
Tel : +44
(0) 1223 875200
Martyn
Ratcliffe, Chairman
www.sciencegroup.com
Stifel Nicolaus Europe
Limited (Nominated Adviser &
Broker)
Tel : +44 (0) 20 7710 7600
Erik
Anderson, Nick Harland
Liberum Capital Limited
(Joint
Broker)
Tel: +44 (0) 20 3100
2000
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