In an encouraging 1Q update discoverIE has confirmed trading is in-line with full year expectations supported by a further improvement in organic sales performance. The trough of the current cycle appears to have been in 1H25 when organic sales fell -10% (impacted by industry-wide destocking) before improving to -4% in 2H25 and now flat in 1Q26. Acquisitions added +3% growth in 1Q to give total 1Q group sales growth of +3% (CER). Three of the four operating units (Sensing, Connectivity and Magne ....
