Consumer

Highlights

Highlights

Image source: ShutterstockHighlightsEntry into the high-growth electric boiler market, currently valued at $255 million.Collins Walker to join SDI’s Industrial & Scientific Products division, strengthening its market position.Integration with Applied Thermal Control, enhancing manufacturing capacity and operational efficiency.Expected earnings enhancement in the first full year, …

Profitability:Adjusted EBITDA margin is set to reach the upper end of the 25%-27% range, with double-digit growth in Adjusted EPS.

Financial Growth:Expected earnings before interest and tax (EBIT) of £13.3m-£13.6m and profit before tax (PBT) of £4.0m-£4.3m, a significant improvement from FY24 losses.

Trade sales:Trade sales in Topps Tiles brand increased 12%, with active traders rising 11% to 146,000.

Board’s Firm Stance:Ricardo’s Board unanimously rejected Science Group’s demands, citing concerns over undue influence without premium payment.