In a positive trading update, discoverIE has detailed positive trading momentum continued through Q3 with, a strong order book providing good visibility of demand. Q3 Group sales were up +11% on last year (+5% organic, +3% acquisitions, +3% foreign exchange). Gross margins continued to be robust and the semiconductor issues that have impacted two of the Group’s 21 businesses (as flagged last year) are continuing to improve. Consequently, the Group is on track to deliver adj. earnings ahead of th ....
25 Jan 2023
discoverIE - Positive Q3, strong order book, EPS upgraded
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
discoverIE - Positive Q3, strong order book, EPS upgraded
discoverIE Group PLC (DSCV:LON) | 694 -27.7 (-0.6%) | Mkt Cap: 662.0m
- Published:
25 Jan 2023 -
Author:
Guy Hewett -
Pages:
8
In a positive trading update, discoverIE has detailed positive trading momentum continued through Q3 with, a strong order book providing good visibility of demand. Q3 Group sales were up +11% on last year (+5% organic, +3% acquisitions, +3% foreign exchange). Gross margins continued to be robust and the semiconductor issues that have impacted two of the Group’s 21 businesses (as flagged last year) are continuing to improve. Consequently, the Group is on track to deliver adj. earnings ahead of th ....