Fund managers including Mereweather Capital, Elston Asset Management, NAOS Asset Management, Merewether Capital, Seneca Financial Solutions and Naos Asset Management have invested in XRF Scientific Limited (ASX:XRF).

NAOS highlights growth through new products, distribution channels and acquisitions, including the purchase of Bruker's Combustion Gas Analysis business, while Merewether notes strong results from Precious Metals and Capital Equipment and a re-acceleration in revenue growth. Seneca points to a long record of profit growth.

The available commentary is largely positive, though Merewether noted a slower first half before growth recovered, and demand is linked to mining and industrial laboratory activity.

XRF Scientific Ltd., founded in 1972 and headquartered in Osborne Park, Australia, manufactures and markets specialized products for the scientific and analytical industries. The company operates through three segments: Capital Equipment, which provides automated fusion equipment, furnaces, and laboratory instruments; Precious Metals, focused on laboratory and platinum alloy markets; and Consumables, which supplies chemicals and analytical laboratory materials. XRF Scientific serves professional sectors by integrating design, manufacturing, and service capabilities to deliver essential analytical equipment and materials globally.