Slide 1: Final Results
Final Results For the year ended 30 April 2025
Slide 2: Disclaimer
Disclaimer The information contained in this presentation (“Presentation”) has been prepared by SDI Group plc (“SDI”). While the information contained in the Presentation has been prepared in good faith, neither SDI nor any of its shareholders, directors, officers, agents, employees or advisers give
Slide 3: Agenda
Agenda 01 Group Summary 02 Operational Overview Stephen Brown 03 Chief Executive Officer Financial Results FY25 04 Outlook Ami Sharma Chief Financial Officer SDI Group plc Final results for the year ended 30 April 2025 3
Slide 4: Group Summary
01 Group Summary SDI Group plc Final results for the year ended 30 April 2025 4
Slide 5: Group Introduction
Group Introduction CAGR** Revenue - 25.3% Direct Overseas Revenues – 47% Adj. EBIT* - 38.2% Adj. PBT* – 36.8% Total Group Revenue FY25 Compounding 20 earnings- cycle of organic enhancing and inorganic acquisitions since growth 2014 17 established businesses £66.2m c.500 employees 19 locations worldw
Slide 6: SDI Group Business Model
SDI Group Business Model SDI Group plc Final results for the year ended 30 April 2025 6
Slide 7: Operational Overview
02 Operational Overview SDI SDI Group Group plc plc Final results for the year ended 30 April 2025 7
Slide 8: A year of strategic progress
Operational overview A year of strategic progress Refined strategy gathering momentum ► Solid Financial Performance: Delivered excellent progress against strategic objectives, strengthening our foundation for sustained, profitable growth ► Acquisition-Led Growth: Revenue growth driven by strategic,
Slide 9: FY25 Key Growth Initiatives
Operational Overview FY25 Key Growth Initiatives • Operational Excellence: Focuses on efficiency, cost management, strategic market access and leverage • Product focus: Innovative, market driven, agile development • Group Collaboration: Combined tender bidding, internal supply chain, white labeling
Slide 10: Industrial & Scientific Products
Operational overview Industrial & Scientific Products ► Revenue: Increased 9.9% ► Key Highlights: ► Atik Cameras: Strong performance following strategic refocusing ► Graticules Optics: Record performance and increased market share ► Fraser Anti-Static (FAST): Organic growth through enhanced product
Slide 11: Industrial & Scientific Sensors
Operational overview Industrial & Scientific Sensors ► Revenue: Increased 5.5% ► Key Highlights: ► Sentek: Strong demand from new and existing customers for its bespoke electrochemical sensors ► Chell Instruments: Expanded product range with innovative pressure scanners (2416 Industrial and Q-DAQ) ►
Slide 12: Laboratory Equipment
Operational overview Laboratory Equipment ► Revenue: Decreased 10.5% ► Key Highlights: ► Safelab Systems: Performed exceptionally well, gaining market share through strong contract momentum ► Monmouth Scientific: Secured its largest-ever clean room contract ► New Product Launches: ► LTE Scientific:
Slide 13: InspecVision
Inorganic Strategy - Acquisitions InspecVision Net Consideration £6.1m Division Industrial & Scientific Products FY24 Revenues £3.2m FY24 Reported EBIT £0.95m Summary Employees 14 Precision measurement machinery for smart manufacturing, automated inspection and reverse engineering Established 2003 G
Slide 14: Collins Walker
Inorganic Strategy - Acquisitions Collins Walker Net Consideration £1.85m FY24 Revenues £0.94m Division FY24 Reported EBIT £0.31m Industrial & Scientific Products Employees 4 Summary Established 1972 Bolt-in acquisition Provides industrial scale electric boilers, for steam and hot water applications
Slide 15: Severn Thermal Solutions
Inorganic Strategy - Acquisitions Severn Thermal Solutions Net Consideration £4.75m FY24 Revenues £2.42m Division Laboratory Equipment FY24 Reported EBIT £1.06m Employees 11 Summary Established 2006 Designs and manufactures furnaces and environmental chambers for a wide range of applications within
Slide 16: Financial Results FY25
03 Financial Results FY25 SDI Group plc Final results for the year ended 30 April 2025 16
Slide 17: Financial Highlights
Financial Highlights Revenue Inorganic Growth Adjusted Operating Profit1 £66.2m (FY24: £65.8m) +4.3% Acquisition revenues of £2.8m / FY24 £10.0m (FY24: £9.6m) disposal/closure revenues: £1.3m Organic Growth constant currency Adjusted Profit before Tax1 Reported Profit Before Tax (1.6)% (FY24: (0.5%)
Slide 18: Income Statement
Income Statement Year end Year end Percentage 30 April 25 30 April 24 change Revenue £’000 £’000 ► FY24/FY25 acquisitions contributed £2.8m of Revenue 66,177 65,846 +0.5% FY25 revenues Gross Profit %** 64.9% 63.1% ► Disposal/closure Adjusted operating profit* 9,957 9,578 +4.0% revenues represent £1.
Slide 19: Divisional Performance: Industrial & Scientific Products
Financial Results Overview Divisional Performance Industrial & Scientific Products ► Key Highlights: ► Acquisition revenue growth of £1.6m from InspecVision and Collins Walker ► Organic growth of 2.8% over the full year, particularly strong in H2 ► Atik Cameras saw growth in the professional astrono
Slide 20: Divisional Performance: Industrial & Scientific Sensors
Financial Results Overview Divisional Performance Industrial & Scientific Sensors ► Key Highlights: ► Acquisition revenue growth of £1.2m from Peak Sensors ► Organic decline of 1.6% over the full year with some organic growth over H2 ► Astles Control Systems, as expected, saw a normalisation in orde
Slide 21: Divisional Performance: Laboratory Equipment
Financial Results Overview Divisional Performance Laboratory Equipment ► Key Highlights: ► Broadly flat over H2: Organic decline of 5.8% over the full year ► Comparative revenues include £1.3m of closed/disposed entities ► Improved H-2 performance (compared to H1) at Monmouth/Safelab Systems ► LTE S
Slide 22: Cash Flow
Cash Flow Year end Year end Percentage Working capital/ 30 April 25 30 April 24 change Free Cash flow £’000 £’000 Working capital reduced by £1.3m over the period Operating cash flow before 11,554 11,387 movement in working capital ► Inventories remained broadly flat, but trade Movements in working
Slide 23: Net Debt Bridge
Net Debt Bridge 2.0 0.0 0.7 0.2 0.4 11.6 -2.0 (1.7) (0.7) -4.0 (1.5) -6.0 (2.1) £m -8.0 -10.0 -12.0 -14.0 (13.2) (7.3) (0.1) (13.8) -16.0 SDI Group plc Final Results for the year ended 30 April 2025 23
Slide 24: Net Debt
Net Debt As at As at ► Net debt: EBITDA 1.1x at 30 April 25 30 April 24 year end £’000 £’000 ► Unused facility of £9.9m at Cash 1,313 1,430 year end. In addition, £5m accordion option (at RCF facility (15,135) (14,600) HSBC’s discretion) Net debt (excl. leases) (13,822) (13,170) Deferred considerati
Slide 25: Outlook
04 Outlook SDI Group plc Final results for the year ended 30 April 2025 25
Slide 26: Outlook
To the future Outlook Consistent Strategy: • Continue to identify growth catalysts and promote synergies in the Group • Invest in new technology/development • Pursue high-quality acquisitions Positive Momentum: • Entering the new financial year with a strong order book and a consistent plan Resilien
Slide 27: Appendices
Appendices 01 Acquisition Model 02 Balance Sheet 03 Capital Structure 04 Our Portfolio Links 05 The Group at a Glance SDI Group plc Final results for the year ended 30 April 2025 27
Slide 28: Acquisition Model
Acquisition Model Structured Key criteria financial controls and governance • Earnings enhancing acquisitions Proactive • Established presence in a scientific or Facilitate monitoring, independence support and industrial focused growth market and autonomy knowledge • Global sales footprint with a di
Slide 29: Balance Sheet
Balance Sheet As at As at 30 April 25 30 April 24 £’000 £’000 Assets Non-current assets Intangible assets 48,027 42,040 Property, plant and equipment 14,394 14,707 Deferred tax asset 86 144 62,507 56,891 Current assets Inventories 11,079 10,577 Trade and other receivables 13,116 12,677 Corporation t
Slide 30: Capital Structure
Capital Structure Listing AIM:SDI Market Capitalisation ~£92m Ordinary Shares in issue 104,551,326 Options, including LTIP 3,146,955 (3.0% of issued share capital) Number of ordinary Percentage of Shareholders shares issued share capital Business Growth Fund 14,375,000 13.7% Danske Bank A/S 8,359,81
Slide 31: Our Portfolio Links
Our Portfolio Links SDI Group plc Final results for the year ended 30 April 2025 31
Slide 32: The Group at a Glance
The Group at a Glance Direct Overseas Revenues Revenue by Destination of External Customer 47% Total Group Revenue FY25 Total Group Revenue FY24 Number of Employees Globally c.500 £66.2m £65.8m Number of Worldwide Locations 19 2015-2025 CAGR United Kingdom £34.8m United Kingdom £36.8m Europe £12.8m