Half Year Results 

Have acquisition opportunities dried up for Judges?

Have acquisition opportunities dried up for Judges?

For a company that prides itself on a strong buy-and-build strategy, Judges Scientific (JDG) has recently been strangely quiet on the acquisition front. That is particularly puzzling, as in March this year chief executive David Cicurel insisted that the company was in a strong position to take advantage of opportunities after starting 2019 in a net cash position. The balance sheet has been strengthened in the past six months as the company raked in £8.5m of cash from operations, equivalent to 98 per cent of operating profits. 

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