discoverIE’s Q1 trading update confirmed that it continues to see organic revenue growth in both businesses, with a strong book-to-bill supporting the Q2 outlook. With the group on track to meet the board’s expectations for FY20 earnings, we maintain our estimates, which factor in more conservative organic growth rates than those achieved in Q1.
26 Jul 2019
discoverIE Group - Good start to the year
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discoverIE Group - Good start to the year
discoverIE Group PLC (DSCV:LON) | 714 -57.2 (-1.1%) | Mkt Cap: 682.0m
- Published:
26 Jul 2019 -
Author:
Katherine Thompson -
Pages:
3
discoverIE’s Q1 trading update confirmed that it continues to see organic revenue growth in both businesses, with a strong book-to-bill supporting the Q2 outlook. With the group on track to meet the board’s expectations for FY20 earnings, we maintain our estimates, which factor in more conservative organic growth rates than those achieved in Q1.