SDI Group expects revenues and profits ahead of guidance after recent 'robust' trading

Scientific and technology products manufacturer SDI Group said on Wednesday that March and April sales and order intake had been "robust" across all of its businesses.

SDI said subject to any audit adjustments, it now expects to report revenues of approximately £35.3m and an adjusted pre-tax profit of roughly £7.4m, both of which were higher than guidance provided in the group's February trading update.

However, despite the AIM-listed group stating its recent performance evidenced a "further and welcome return towards normality" in its served markets, it chose not to change expectations for the current financial year ending 30 April 2022.

Chairman Ken Ford said: "This further increase in performance in a challenging year underlines the strength of the SDI operating model and the dedication of our staff."

As of 0955 BST, SDI shares were down 1.67% at 177.0p.