Science Group AIM:SAG
- Founded
- 1986 · Harston, England
- Incorporated
- United Kingdom
- Chief executive
- Daniel Edwards
- Employees
- 531
- Reports in
- GBP
- Companies House
- 06536543
Science-led consultancy and systems business combining R&D consulting for consumer, medical and industrial clients with owned product businesses in audio chips and broadcast (Frontier), submarine atmosphere management and defence systems. Holds substantial freehold property and net cash; run with an owner's eye for capital allocation.
Read straight from the annual reports
573p at close on 2 Oct 2026 · 11 reported years, 2015–2025
| Line | FY201512/15 | FY201612/16 | FY201712/17 | FY201812/18 | FY201912/19 | FY202012/20 | FY202112/21 | FY202212/22 | FY202312/23 | FY202412/24 | FY202512/25 | FY2026unreported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Operating profit | ||||||||||||
| Adjusted operating profit | ||||||||||||
| Exceptional items | — | — | ||||||||||
| Net finance cost | ||||||||||||
| Profit before tax | ||||||||||||
| Adjusted profit before tax | ||||||||||||
| Tax charge | ||||||||||||
| Profit for the year | ||||||||||||
| EBITDA | ||||||||||||
| Adjusted minus statutory PBT | ||||||||||||
| Basic EPS | ||||||||||||
| Diluted EPS | ||||||||||||
| Adjusted EPS | ||||||||||||
| Dividend per share |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
11 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.
Sagentia Services Division consultancy fees (Medical, Defence, Consumer, Industrial/Chemical)
Services Division generated revenue of £71.5 million (2024: £72.2 million)
page 4CMS2 submarine atmosphere systems for defence customers (UK MoD and prime contractors)
CMS2 revenue £26.4 million (2024: £25.9 million), operating margin 21.0%
page 5High value-add, premium rate Sagentia consulting mix
Services adjusted operating margin improved to 26.3% (2024: 24.9%)
page 3Progressive exit from low-margin, pass-through Defence contractor revenue in Services
Low margin pass-through contractor revenue exit undertaken while developing higher quality practice areas
page 3£24.1m credit: Net proceeds from disposal of corporate investment (Ricardo plc)
page 42The outlook for the Group's services and systems is influenced by external factors; the Board adopts a pragmatic and conservative perspective that underlying organic revenue growth may be constrained, with focus on margin, profit and correlated cash conversion
page 5No post balance sheet events for the year ended 31 December 2025 (Directors' Report); however Finance Director's report separately notes that since the 2025 AGM in May 2025 the Company repurchased a total of 2,236,377 shares (5.02% of issued share capital at AGM), with 446,830 shares repurchased between 1 January and 13 March 2026
page 25Final dividend for 2025 proposed at 10.0 pence per share (2024: 8.0 pence), a 25% increase, subject to shareholder approval at AGM on 20 May 2026, payable 2 July 2026 to shareholders on register at 22 May 2026
page 3Unmodified/unqualified audit opinion from Grant Thornton UK LLP (Senior Statutory Auditor Stephen Osborne). Going concern reviewed over 18 months to June 2027 under base case and severe downside scenarios (25% revenue reduction), concluding sufficient liquidity. Viability statement covers 3 years to December 2028. Key audit matters: valuation of existing goodwill in TPS and investment in Frontier Smart Technologies; occurrence and accuracy of revenue from open fixed price over-time contracts in CMS2
page 31- Economic conditions impacting demand for outsourced Services (economic downturn/recession may delay or cancel projects)p.8
- Deterioration in financial circumstances of customers leading to default/delayed paymentp.8
- Reputational risk from failure to deliver to agreed budgets/timetables/quality, particularly for Sagentia brandp.8
- Frontier's reliance on third-party manufacturing factories in Asiap.8
Read from C001154-AR-2025-ch.
10 annual reports read, FY2016 to FY2025
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (10)
FY2026Next report expected 27 Mar 2027