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discoverIE Group PLC

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.

Quick facts: discoverIE Group PLC

Price: 538 GBX

Market: LSE
Market Cap: £477.24 m
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discoverIE posts its best performance so far with record order book

Nick Jefferies, chief executive of discoverIE Group PLC (LON:DSCV) caught up with Proactive London's Andrew Scott to talk through the group's results for the year to 31 March 2019. The custom electronics maker reported an underlying pre-tax profit for the year of £27.2mln, 24% higher than...

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