discoverIE’s focus on the structurally growing markets of renewables, medical, transport and industrial & connectivity has continued to support strong growth. FY 2022 sales were up +25% (organic +18%) and adj. EPS up +31% (+4% ahead of our forecast). Operating margins rose from 10.2% to 10.9%, evidencing rising value-add and the group’s ability to pass on the impact of inflation and supply chain issues. discoverIE’s components are essential to customer projects but generally only represent a sma ....
14 Jun 2022
discoverIE - Strong growth, rising margins, very well positioned
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discoverIE - Strong growth, rising margins, very well positioned
discoverIE Group PLC (DSCV:LON) | 714 -57.2 (-1.1%) | Mkt Cap: 682.0m
- Published:
14 Jun 2022 -
Author:
Guy Hewett -
Pages:
5
discoverIE’s focus on the structurally growing markets of renewables, medical, transport and industrial & connectivity has continued to support strong growth. FY 2022 sales were up +25% (organic +18%) and adj. EPS up +31% (+4% ahead of our forecast). Operating margins rose from 10.2% to 10.9%, evidencing rising value-add and the group’s ability to pass on the impact of inflation and supply chain issues. discoverIE’s components are essential to customer projects but generally only represent a sma ....