discoverIE’s 1H update confirms trading has been in line with expectations supported by improving growth trends. Organically sales increased by +1% in 2Q up from flat in 1Q and a -4% decline in 2H25 and -10% decline in 1H25 (as shown in the below chart). 1H26 reported sales were up +2% (+3% CER). Sensing, Connectivity and Magnetics each delivered good levels of organic growth, offset by Controls where, as previously reported, demand from certain large customers was subdued in the period. Group o ....
