Judges Scientific holds guidance after strong first half

Precision instrument maker Judges Scientific on Tuesday said was confident of meeting annual guidance after strong growth in first half revenue and orders.

Organic revenue for the six-months to June 30 was up 17% year on year, while order intake increased 14%.

"The board expects the growth in organic revenues to have produced double digit profit growth in the first half, albeit at a slower rate than revenue growth as measures taken to compensate for the inflationary pressures observed in [late 2022] are progressively having an impact," the company said in a trading update.