Slide 1: Interim Results
Interim Results For the six months ended 31 October 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 04 Outlook Amitabh Sharma Chief Financial Officer SDI Group plc Interim results for the six months ended 31 October 2025 3
Slide 4: Group Summary
01 Group Summary SDI Group plc Interim results for the six months ended 31 October 2025 4
Slide 5: Group Introduction
Group Introduction 20 earnings- enhancing acquisitions since 2014 CAGR** Decentralised Revenue +25.3% model, whilst fostering growth, Adj. EBIT* +38.2% autonomy, Adj. PBT* +36.8% independence and EPS* +18.9% 17 established agility businesses c.500 employees 19 locations worldwide Compounding Focused
Slide 6: SDI Group Business Model
SDI Group Business Model SDI Group plc Interim results for the six months ended 31 October 2025 6
Slide 7: Operational Overview
02 Operational Overview SDI SDI Group Group plc plc Interim results for the six months ended 31 October 2025 7
Slide 8: Continuing momentum
Operational overview Continuing 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, value-accretive acquisitions of businesses wi
Slide 9: Key Growth Initiatives
Operational Overview Key Growth Initiatives • Operational Excellence: Fraser and Peak initiated ERP implementation which will expand across the Group • Commercial focus: Drive for expansion into new markets and applications • Group Collaboration: Routes to market, combined tender bidding, internal s
Slide 10: Laboratory Equipment
Operational overview Laboratory Equipment ► Revenue: Increased +12.0% ► Key Highlights: ► Monmouth Scientific: Cleanroom activity significantly improved from last year ► Safelab: Significant government contract won to supply high performance fume cabinets ► Severn Thermal Solutions: Increased order
Slide 11: Industrial & Scientific Sensors
Operational overview Industrial & Scientific Sensors ► Revenue: Increased +5.6% ► Key Highlights: ► Sentek: Strong order intake and significant interest from new OEM customers ► Astles: Recovery in demand for chemical dosing systems, executing strong H1 order book ► Chell Instruments: Excellent orde
Slide 12: Industrial & Scientific Products
Operational overview Industrial & Scientific Products ► Revenue: Increased +11.5% ► Key Highlights: ► Atik Cameras: executed market expansion strategy, building professional astronomy moving market life sciences traction ► Applied Thermal Control: market headwinds relating to US refrigerant regulati
Slide 13: Severn Thermal Solutions
Inorganic Strategy - Acquisitions Severn Thermal Solutions Net Consideration £4.8m 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 i
Slide 14: Financial Results
03 Financial Results SDI Group plc Interim results for the six months ended 31 October 2025 14
Slide 15: Financial Highlights
Financial Highlights Revenue Organic Growth constant currency Inorganic Growth £34.0m (H1 FY25: £30.9m) +3.0% (H1 FY25: (5.7%) decline) +6.9% Acquisition revenues of £2.1m Adjusted Operating Profit1 Adjusted Profit before Tax1 Reported Profit Before Tax £4.6m (H1 FY25: £3.9m) £3.8m (H1 FY25: £3.2m)
Slide 16: Income Statement
Income Statement Half year Half year Percentage 31 Oct 25 31 Oct 24 change Revenue £’000 £’000 ► FY25/FY26 acquisitions contributed £2.1m of Revenue 34,026 30,911 +10.1% revenues Gross Profit %** 66.3% 65.4% ► Total growth 10.1% Adjusted operating profit* 4,583 3,894 +17.7% ► Organic growth 3.0%, ac
Slide 17: Divisional Performance: Laboratory Equipment
Financial Results Overview Divisional Performance Laboratory Equipment ► Key Highlights: ► Organic growth of 5.9% ► Acquisition revenues of £0.7m from Severn Thermal ► Strong first half performance from Monmouth ► Both Safelab and LTE Scientific saw growth over the period ► Synoptics faced a slower
Slide 18: Divisional Performance: Industrial & Scientific Sensors
Financial Results Overview Divisional Performance Industrial & Scientific Sensors ► Key Highlights: ► Organic growth of 5.6% ► Astles Control Systems grew strongly after a slow FY25 ► Sentek experienced strong organic growth as its major OEM customers increased demand for pH sensors over the period
Slide 19: Divisional Performance: Industrial & Scientific Products
Financial Results Overview Divisional Performance Industrial & Scientific Products ► Key Highlights: ► Acquisition growth of £1.4m from InspecVision and Collins Walker ► Organic growth broadly flat, with a small decline of 1.2% ► Atik Cameras grew strongly as it executed its significant professional
Slide 20: Cash Flow
Cash Flow Half year Half year Working capital/ 31 Oct 25 31 Oct 24 Free Cash flow £’000 £’000 Working capital increased by £1.3m over the period: Operating cash flow before 5,595 4,652 movement in working capital ► Inventories increased by £1.2m, driven by Atik and Safelab who Movements in working c
Slide 21: Net Debt Bridge
Net Debt Bridge 2.0 0.0 -2.0 -4.0 -6.0 -8.0 5.6 0.5 £m -10.0 (1.2) (0.6) (1.2) (0.4) -12.0 (0.7) -14.0 (1.0) (0.1) (13.8) -16.0 -18.0 (5.0) (0.1) (18.0) -20.0 SDI Group plc Interim results for the six months ended 31 October 2025 21
Slide 22: Net Debt
Net Debt Half year Half year ► Net debt: EBITDA c1.3x at 31 Oct 25 31 Oct 24 end of the half £’000 £’000 ► Unused facility of £5.5m at Cash 1,508 1,195 period end RCF facility (19,500) (18,275) ► New 3-year RCF facility agreed with HSBC: £25m Net debt (excl. leases) (17,992) (17,080) plus £15m accor
Slide 23: Outlook
04 Outlook SDI Group plc Interim results for the six months ended 31 October 2025 23
Slide 24: Outlook
To the future Outlook Consistent delivery against strategy • Continue to identify growth catalysts and promote synergies in the Group • Investing in new technology/development Core Strength • Resilience driven by subsidiaries in niche markets with robust demand for specialised products, whilst being
Slide 25: Appendices
Appendices 01 Acquisition Model 02 Balance Sheet 03 Capital Structure 04 Our Portfolio Links 05 The Group at a Glance SDI Group plc Interim results for the six months ended 31 October 2025 25
Slide 26: 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 27: Balance Sheet
Balance Sheet As at As at 31 Oct 25 31 Oct 24 £’000 £’000 Assets Non-current assets Intangible assets 52,681 47,217 Property, plant and equipment 14,193 14,653 Deferred tax asset 88 142 66,962 62,012 Current assets Inventories 12,579 11,629 Trade and other receivables 12,777 11,205 Corporation tax a
Slide 28: Capital Structure
Capital Structure Listing AIM:SDI Market Capitalisation £75m Ordinary Shares in issue 104,573,126 Options and holdings, including LTIP 3,869,991 (3.7% of issued share capital) Number of ordinary Percentage of Shareholders shares issued share capital Business Growth Fund 14,375,000 13.7% Danske Bank
Slide 29: Our Portfolio Links
Our Portfolio Links SDI Group plc Interim results for the six months ended 31 October 2025 29
Slide 30: 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