FY24 Demonstrates Resilient Business Model
- Adam Strydom
- Jun 14, 2024
- 1 min read
In a difficult trading environment, with customers in the largest target market in a digestion phase after widespread supply chain disruption, discoverIE Group plc reported strong underlying operating profit growth and margin expansion. Despite higher net finance costs and currency headwinds, underlying EPS increased 5% y-o-y (+10% at constant exchange rates). Edison Group forecasts modest growth in FY25 and FY26 and continued margin expansion in line with company targets and expect further M&A to boost growth.
10 June 2024
Comments