discoverIE saw an acceleration in organic growth in Q219, resulting in H119 organic growth of 4% y-o-y. Both divisions grew organically during the period, with better demand in the UK driving a step-up in organic growth for Custom Supply in Q2. Organic bookings growth of 4% for H1 supports the outlook for H2 and we maintain our estimates.
15 Oct 2018
discoverIE Group - Broad-based demand drives strong Q2 trading
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discoverIE Group - Broad-based demand drives strong Q2 trading
discoverIE Group PLC (DSCV:LON) | 720 -64.8 (-1.2%) | Mkt Cap: 687.8m
- Published:
15 Oct 2018 -
Author:
Katherine Thompson -
Pages:
3
discoverIE saw an acceleration in organic growth in Q219, resulting in H119 organic growth of 4% y-o-y. Both divisions grew organically during the period, with better demand in the UK driving a step-up in organic growth for Custom Supply in Q2. Organic bookings growth of 4% for H1 supports the outlook for H2 and we maintain our estimates.