In a positive Q1 trading update discoverIE has confirmed that the strong order growth reported in H2 2021 has continued. The order book at June 2021 was £220m, 50% higher organically than last year and 30% higher organically than two years ago. Q1 was ahead of the Board’s expectations with sales +21% ahead of Q1 2021 at CER (+16% yoy organically and +10% organically compared with two years ago). By region, China and Germany have produced the strongest growth. Organic growth was similar in both d ....
29 Jul 2021
discoverIE - Clear growth strategy, record order book, further upgrades
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discoverIE - Clear growth strategy, record order book, further upgrades
discoverIE Group PLC (DSCV:LON) | 740 22.2 0.4% | Mkt Cap: 706.9m
- Published:
29 Jul 2021 -
Author:
Guy Hewett -
Pages:
4
In a positive Q1 trading update discoverIE has confirmed that the strong order growth reported in H2 2021 has continued. The order book at June 2021 was £220m, 50% higher organically than last year and 30% higher organically than two years ago. Q1 was ahead of the Board’s expectations with sales +21% ahead of Q1 2021 at CER (+16% yoy organically and +10% organically compared with two years ago). By region, China and Germany have produced the strongest growth. Organic growth was similar in both d ....