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

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.