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(Sharecast News) - Science and technology consultancy Science Group said on Monday that it remains on course to deliver a strong full-year performance after posting record adjusted operating profit in its interim results.
Science Group, which noted that it had booked a 24.0m exceptional pre-tax gain, stated that despite subdued sentiment in parts of the market, overall trading was in line with expectations, with a recovery in R&D services, particularly in the medical sector, progressing as planned.
Full-year adjusted operating profits were expected to land in line or slightly ahead of internal forecasts.
The London-listed firm added that as of 30 September, gross cash stood at 77.6m and net funds at 66.0m, after dividend and tax payments.
As of 1020 BST, Science Group shares were up 0.09% at 553p.
Reporting by Iain Gilbert at Sharecast.com
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