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DiscoverIE (DSCV) Share News

REPEAT: discoverIE buys manufacturer CDT Group for GBP5 million

6th Jul 2022 08:47

discoverIE Group PLC - Surrey-based maker of customised electronic - Buys Northamptonshire-based designer & manufacturer of customised plastic enclosures CDT Group for GBP5.0 million on a debt free, cash free basis. discoverIE says the acquisition will be "immediately enhancing to group underlying earnings". CDT has reported revenue of GBP2.9 million for year ended on December 21, with an underlying operating margin of 28% and and underlying operating profit of GBP800,000. Read More

IN BRIEF: discoverIE buys manufacturer CDT Group for GBP5 million

6th Jul 2022 08:46

discoverIE Group PLC - Surrey-based maker of customised electronic - Buys Northamptonshire-based designer & manufacturer of customised plastic enclosures CDT Group for USD5.0 million on a debt free, cash free basis. discoverIE says the acquisition will be "immediately enhancing to group underlying earnings". CDT has reported revenue of GBP2.9 million for year ended on December 21, with an underlying operating margin of 28% and and underlying operating profit of GBP800,000. Read More

LONDON BROKER RATINGS: Upgrades for WH Smith, Victrex and Hochschild

16th Jun 2022 09:38

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More

discoverIE resilient against headwinds as results beat pre-pandemic

14th Jun 2022 09:32

(Alliance News) - discoverIE Group PLC on Tuesday reported its full-year earnings were ahead of pre-Covid figures despite an inflationary environment and supply chain headwinds. Read More

LONDON MARKET OPEN: Banks, housebuilders up in minor FTSE 100 rebound

14th Jun 2022 08:57

(Alliance News) - Stock prices in London saw some respite on Tuesday from recent selling pressure, but the mood remained fragile ahead of some key central banking decisions this week. Read More

LONDON MARKET PRE-OPEN: UK unemployment rate unexpectedly worsens

14th Jun 2022 07:45

(Alliance News) - Stocks in London are set to rebound on Tuesday after a brutal start to the week, though further volatility is likely as central bank meetings in the US and UK loom this week. Read More

UK earnings, trading statements calendar - next 7 days

7th Jun 2022 15:52

LONDON MARKET OPEN: Investors await ECB; Wizz Air takes off on demand

14th Apr 2022 08:51

(Alliance News) - Europe's blue chip benchmarks were searching for direction at the open on Thursday as investors gear up for the latest European Central Bank rate decision. Read More

LONDON MARKET PRE-OPEN: National Grid and discoverIE to beat forecasts

14th Apr 2022 07:51

(Alliance News) - Stocks in London are set for a cautious open on Thursday to close out the shortened week as all eyes shift to Frankfurt before the Easter break. Read More

IN BRIEF: discoverIE to redeploy funds after completing two disposals

4th Mar 2022 09:41

discoverIE Group PLC - Guildford, Surrey-based maker of customised electronics, for sectors such as renewables and transport - Completes sale of electronic component distribution business, Acal BFi, to H2 Equity Partners. The GBP50.0 million deal was first announced in early November. It also notes the sale of Vertec SA to its management team, which was announced in October, completed in January. discoverIE says the proceeds will be used to reduce its debt and to "progress the design and manufacturing growth strategy". Read More

LONDON MARKET PRE-OPEN: Hammerson loss narrows; Mitie sees scrutiny

4th Mar 2022 08:00

(Alliance News) - Stock prices are seen opening lower on Friday after scares of a nuclear disaster in Ukraine following direct shelling of a nuclear power plant, while a business group has downgraded its expectations for UK economic growth this year. Read More

IN BRIEF: discoverIE director buys GBP87,000 in shares

25th Feb 2022 11:13

discoverIE Group PLC - FTSE-250 listed maker of customised electronics, for sectors such as renewables and transport - Non-executive Director Bruce Thompson buys 11,000 shares at GBP7.94 each, worth GBP87,340, on Wednesday. Read More