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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Science Group's adjusted operating profits up 62% after Frontier Smart Technologies acquisition - Vimarsana News

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Science Group's adjusted operating profits up 62% after Frontier Smart Technologies acquisition

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Science Group swings to profit amid revenue beat | 9 March 2021 - Vimarsana News

Science Group swings to profit amid revenue beat | 9 March 2021

9 March 2021 | 08:57am StockMarketWire.com - Consultancy firm Science Group swung to a full-year profit that it said exceeded expectations after sales were boosted its acquisition of radio chip group Frontier Smart Technologies. Pre-tax profit for the year through December amounted to £6.4 million, compared to a year-on-year loss of £1.6 million, as revenue climbed 29% to £73.7 million. Adjusted operating profit jumped 62% to £10.9 million and the company declared a full-year dividend of 4p per share. 'The board is optimistic for the continued progress of the group in 2021, and has experi...