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DiscoverIE reports strong first half growth in revenue profits and earnings

DiscoverIE Group PLC's (LON:DSCV) Nick Jefferies tells Proactive London's Andrew Scott they've delivered a 22% rise in first-half profits thanks to their focus on growth markets and higher margin acquisitions.

For the six months ended 30 September, the customised electronics maker delivered an underlying operating profit of £17.7mln, 22% higher than the prior year, while revenues climbed 10% to £232mln.

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Price: 530 GBX

LSE:DSCV
Market: LSE
Market Cap: £474.12 m
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discoverIE Group CEO talks strategy, focus on growth markets and future...

discoverIE Group PLC's (LON:DSCV) Nick Jefferies says the company's strategy is very simple and has been the same for over ten years. ''We aim to grow revenue ahead of GDP and we aim to do that by focusing on growth target markets, we aim to increase our operating  margins by buying more...

on 12/12/19

2 min read