discoverIE has detailed that trading in the four months to January 2022 has been strong with a further strengthening of the order book. Consequently, the Group expects to be ahead of full-year expectations, despite ongoing supply chain headwinds, and we have upgraded FY 2022E EPS by 4% and FY 2023E by +2%. Sales in the four months to January were up 34% (organic +20%), an acceleration in the +24% (organic +15%) seen in H1. The order book at 31 January 2022 was at a record level of £216m, over 65 ....

09 Feb 2022
discoverIE - Trading ahead, with order book up +65% organically

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discoverIE - Trading ahead, with order book up +65% organically
discoverIE Group PLC (DSCV:LON) | 676 47.3 1.0% | Mkt Cap: 644.8m
- Published:
09 Feb 2022 -
Author:
Guy Hewett -
Pages:
5 -
discoverIE has detailed that trading in the four months to January 2022 has been strong with a further strengthening of the order book. Consequently, the Group expects to be ahead of full-year expectations, despite ongoing supply chain headwinds, and we have upgraded FY 2022E EPS by 4% and FY 2023E by +2%. Sales in the four months to January were up 34% (organic +20%), an acceleration in the +24% (organic +15%) seen in H1. The order book at 31 January 2022 was at a record level of £216m, over 65 ....