Share Price.com
Market Update Economic Events Directors Deals Commodities Prices News Market Movers

DiscoverIE profit more than triples

Tuesday, 5th June 2018
Customised electronics supplier DiscoverIE Group said its annual profit more than tripled amid a jump in revenue at its design and manufacturing division.

Pre-tax profit rose to £15.8m, up from £4.8m a year earlier, as revenue increased 15% to £387.9m.

The company declared a full-year dividend of 9.0p per share, up 6% on-year.

'Trading in the new year has started well with continuing growth in orders and sales and the group is well positioned to continue benefiting from the technology changes that are underway in our target markets,' chief executive Nick Jefferies said.

'We look forward to making further progress in the year ahead.'


At 2:36pm: (LON:DSCV) Discoverie Group Plc Ord 5p share price was -12p at 414p



Story provided by StockMarketWire.com

Related Shares: Discoverie Grp.

Share Search
Share Search Share Search

Visit the Share Search.
Share Search

Share News
Share News



SharePrice.com will do their best to ensure the quality of the information displayed on this site, but all information is provided as-is, free of charge. We cannot be held responsible for any loss, material or otherwise, due to incorrect information found here. UK data supplied by NBTrader and Digital Look. Share Prices are at least 15 minutes delayed.