Judges Capital EPS to beat expectations

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    Date: Tuesday 15 Jul 2008

    LONDON (ShareCast) - Scientific instruments group Judges Capital said it expects earnings per share for the half year will comfortably exceed the expected 100% increase.

    The group said last May it expects EPS for the first half to be twice those recorded for the same period last year.

    "The board is now pleased to report that the Group continued to trade strongly and, as a consequence, it is anticipated that earnings per share for the half year ended 30 June 2008 will comfortably exceed the aforementioned expectation of a 100% increase," it said.

    The inflow of orders during the period was similar to that recorded in the first half of 2007 and the order book was slightly ahead of the level last year.

    "The outlook for the full year is encouraging but the progress achieved at the half-year stage should not be extrapolated for the year as a whole," said the group.

    "Furthermore, although the group's markets enjoy good defensive qualities, they are not necessarily immune from the turbulence currently affecting the global economy," it added.

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