Leading International Investment Research

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>In Q123, discoverIE saw a continuation of the strong organic growth reported in FY22, with revenue 17% higher y-o-y on an organic basis and 27% higher at constant exchange rates (CER). Book-to-bill was 1.09x for the quarter and the period-end orderbook was 40% higher year-on-year on an organic basis. With underlying Q123 earnings ahead of the board’s expectations, we have upgraded our underlying EPS forecasts by 4.0% in FY23 and 3.2% in FY24.</p>

In Q123, discoverIE saw a continuation of the strong organic growth reported in FY22, with revenue 17% higher y-o-y on an organic basis and 27% higher at constant exchange rates (CER). Book-to-bill was 1.09x for the quarter and the period-end orderbook was 40% higher year-on-year on an organic basis. With underlying Q123 earnings ahead of the board’s expectations, we have upgraded our underlying EPS forecasts by 4.0% in FY23 and 3.2% in FY24.

discoverIE Group - Upgrading on strong organic growth

Acal PLC

discoverIE Group - Upgrading on strong organic growth