London 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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.

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DiscoverIE 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).

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DiscoverIE 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.

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DiscoverIE sees FY in line as order book hits record

13th Oct 2022 08:02

(Sharecast News) - Customised electronics maker discoverIE reported a rise in first-half sales and said it was on track to deliver annual underlying earnings in line with expectations, driven by a stronger-than-expected order book.

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DiscoverIE hails further strong sales in Q1

28th Jul 2022 08:43

(Sharecast News) - DiscoverIE said on Thursday that the strong sales growth reported last financial year continued in the first quarter, with underlying earnings ahead of the board's expectations.

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DiscoverIE buys CDT Group for £5m

6th Jul 2022 07:34

(Sharecast News) - Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m.

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Berenberg lowers target price on DiscoverIE

16th Jun 2022 10:36

(Sharecast News) - Analysts at Berenberg lowered their target price on electronic components manufacturer DiscoverIE from 1,150.0p to 920.0p on Thursday but stated they still sensed "an opportunity" for investors.

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