discoverIE has confirmed continued strong trading momentum and we have upgraded our FY 2022E EPS forecast by +2%. H1 sales were up +23% on last year at CER, driven by +15% organic growth over last year (+8% compared with two years ago) and a strong contribution from acquisitions. Orders remained well ahead of sales with organic growth of +64% against last year and +34% against two years ago. The Group is managing widespread supply chain challenges effectively and we have made no changes to our g ....
14 Oct 2021
discoverIE - Record order book and strong acquisition pipeline
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discoverIE - Record order book and strong acquisition pipeline
discoverIE Group PLC (DSCV:LON) | 706 0 0.0% | Mkt Cap: 674.4m
- Published:
14 Oct 2021 -
Author:
Guy Hewett -
Pages:
5
discoverIE has confirmed continued strong trading momentum and we have upgraded our FY 2022E EPS forecast by +2%. H1 sales were up +23% on last year at CER, driven by +15% organic growth over last year (+8% compared with two years ago) and a strong contribution from acquisitions. Orders remained well ahead of sales with organic growth of +64% against last year and +34% against two years ago. The Group is managing widespread supply chain challenges effectively and we have made no changes to our g ....