bullish
discoverIE Group - D&M driving good organic growth
SUMMARY
In an uncertain trading environment, discoverIE generated 5% organic year-on-year revenue growth in H120 and 6% organic growth in Q220. The Design & Manufacturing (D&M) business is the key driver of revenue growth, resulting in 12% organic growth in Q220. Management believes the company is on track to meet its underlying earnings expectations for FY20; we maintain our forecasts.
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- discoverIE Group - D&M driving good organic growth14 Oct 2019
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