Scientific Digital Imaging surprises on the upside

AIM-listed technology manufacturer Scientific Digital Imaging (LON:SDI) has seen its share price climb by 3.77% to 55.62p (as of 12:10 BST) after it upwardly revised its revenue and profit guidance for the year ended 30th April. Management said that revenues for the period would be around 20% higher than during the previous period while reported pre-tax profits would rise by 17.6%.

Chairman Ken Ford commented: “As previously stated, this has been a good year for SDI, growing the business and delivering on our acquisition strategy, whilst laying the foundation for further growth in the future.

“The very positive financial results underline the strength of our business model and reflect the hard work of all our staff over the past year“.