DiscoverIE FY sales up 1%, sees earnings in line with guidance
18th Apr 2024 07:29
(Sharecast News) - Electronics specialist DiscoverIE said group sales for the year to March 31 were 1% ahead of last year on a constant currency basis, after two years of strong growth when the rose 48%.
Read moreRBC Capital starts discoverIE at 'sector perform'
14th Feb 2024 09:38
(Sharecast News) - RBC Capital Markets initiated coverage of discoverIE on Wednesday with a 'sector perform' rating and 760 price target, as it said the growth outlook remains strong, but less differentiated.
Read moreLondon close: Stocks manage gains as oil prices rise
6th Feb 2024 17:39
(Sharecast News) - London's financial markets finished with a positive performance on Tuesday, driven by encouraging data from the UK construction sector and BP's share buyback expansion.
Read moreDiscoverIE holds FY guidance as orders grow
6th Feb 2024 07:28
(Sharecast News) - Customised electronics maker discoverIE Group held full-year guidance despite a fall in sales for the four months to January 31, as orders showed signs of improvement.
Read moreLondon close: Stocks mixed as investors mull fresh data
5th Dec 2023 15:26
(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read moreDiscoverIE lifts dividend as first-half profits rise
5th Dec 2023 07:37
(Sharecast News) - Shares in discoverIE rose strongly on Tuesday after the industrial electronics group lifted its interim dividend and delivered a 7% increase in first-half underlying profits on the back of better-than-expected margins.
Read moreDiscoverIE makes 'good financial and strategic progress' in H1
11th Oct 2023 08:42
(Sharecast News) - Industrial electronics manufacturer DiscoverIE said on Wednesday that it had made "good financial and strategic progress" and was on track to deliver full-year underlying earnings in line with recently upgraded expectations.
Read moreDiscoverIE buys Slovakia's 2J Antennas for £45m
13th Sep 2023 07:24
(Sharecast News) - International customised electronics designer and maker discoverIE Group said it had bought Slovakia-based 2J Antennas Group (2J), for €52.5m (£45m) on a debt free, cash free basis.
Read moreDiscoverIE acquires Silvertel for £21m in cash
1st Aug 2023 09:06
(Sharecast News) - DiscoverIE announced the acquisition of Silvertel, a manufacturer of Power-over-Ethernet modules.
Read moreDiscoverIE reports robust first quarter of trading
24th Jul 2023 08:35
(Sharecast News) - Industrial electronics specialist DiscoverIE reported positive trading momentum in a first-quarter update on Monday, with organic sales growth at a comparable level to that seen in the final three months of last financial year.
Read moreDiscoverIE annual profits up 70% on strong sales
7th Jun 2023 07:03
(Sharecast News) - Niche electronics maker DiscoverIE Group reported a 70% rise in annual profits, driven by a strong order book.
Read moreDiscoverIE lifts guidance on stronger sales, order book
19th Apr 2023 07:37
(Sharecast News) - Customised electronics maker discoverIE Group on Wednesday lifted annual earnings guidance on the back of stronger sales and a healthy order book.
Read moreDiscoverIE FY underlying earnings seen ahead of expectations
25th Jan 2023 07:41
(Sharecast News) - Customised electronics designer and manufacturer discoverIE said on Wednesday that full-year underlying earnings were set to be ahead of the board's expectations as it reported a jump in third-quarter sales and a strong order book.
Read moreDiscoverIE buys Magnasphere Corp for $22m
22nd Dec 2022 07:02
(Sharecast News) - Electronics maker discoverIE Group said it had bought US-based Magnasphere Corporation for $22m (£19.1m).
Read moreDiscoverIE shares surge on strong interims
23rd Nov 2022 08:49
(Sharecast News) - Shares in electronics maker discoverIE Group surged on Wednesday as interim profits more than doubled.
Read more