Record order growth drives DiscoverIE's results
14th Jun 2022 11:04
(Sharecast News) - Industrial electronics manufacturer DiscoverIE Group reported a 25% improvement in revenue in its preliminary results on Tuesday, to £379.2m, amid record growth in its orders and sales.
Read moreDiscoverIE FY underlying earnings expected to beat previous guidance
14th Apr 2022 07:18
(Sharecast News) - Electronics manufacturer DiscoverIE said on Thursday that trading in the final two months of the year continued to be strong, with the group now expecting to deliver full-year underlying earnings from continuing operations ahead of previous guidance.
Read moreDiscoverIE revenues and order book continue to improve
9th Feb 2022 07:03
(Sharecast News) - Customised electronics manufacturer DiscoverIE Group said on Wednesday that strong trading momentum seen in the first half had carried over into the four months ended 31 January, with a further strengthening of the firm's order book and significant year-on-year revenue growth.
Read moreDiscoverie H1 revenue and profits grow
30th Nov 2021 09:01
(Sharecast News) - Electronic components manufacturer Discoverie said on Tuesday that both revenue and profits had grown in the six months ended 30 September, with the group now trading "well ahead" of pre-Covid levels.
Read moreDiscoverie Group sells custom supply distribution business for £50m
9th Nov 2021 08:45
(Sharecast News) - Customised electronics manufacturer Discoverie Group said on Tuesday that it had sold its custom supply distribution business for £50.0m.
Read moreDiscoverie order book continues to grow in H1
14th Oct 2021 08:57
(Sharecast News) - Customised electronics firm Discoverie said on Thursday that strong order growth seen at the tail end of last financial year had carried on in the six months ended 30 September.
Read moreDiscoverie sells South African business for up to £2.25m
4th Oct 2021 08:15
(Sharecast News) - Discoverie has sold its South African distribution business, Vertec, to its management team and key employees for an upfront cash consideration of £1.25m.
Read moreDiscoverie raises £55m in placing to help fund acquisitions
3rd Sep 2021 09:04
(Sharecast News) - Discoverie said on Friday that it has raised £55m in a placing to help fund two acquisitions.
Read moreBerenberg raises target price on DiscoverIE
9th Jun 2021 12:41
(Sharecast News) - Analysts at Berenberg raised their target price on components designer and manufacturer DiscoverIE from 850.0p to 930.0p on Wednesday, stating the group's full-year results were evidence that its business model was as equally effective in a downturn as it was in an upcycle.
Read moreWednesday broker round-up
21st Apr 2021 12:35
(Sharecast News) - Avast: Canaccord initiates at buy with a target price of 550.0p.
Read moreDiscoverIE to acquire thermal component maker Limitor
4th Dec 2020 09:54
(Sharecast News) - Custom electronics manufacturer DiscoverIE announced the acquisition of Limitor on Friday.
Read moreThursday broker round-up
16th Apr 2020 13:19
(Sharecast News) - C&C Group: Berenberg upgrades to hold with a target price of 182p.
Read moreWednesday broker round-up
5th Feb 2020 13:17
(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.
Read moreBerenberg raises target price on DiscoverIE following 'robust' Q3 update
5th Feb 2020 10:34
(Sharecast News) - Analysts at Berenberg upped their target price for electronic components manufacturer DiscoverIE from 530.0p to 630.0p on Wednesday, citing the group's "robust" third-quarter trading update from a week earlier.
Read moreFriday broker round-up
18th Oct 2019 12:53
(Sharecast News) - Royal Bank of Scotland: JP Morgan upgrades to overweight with a target price of 280p.
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