December 1, 2023

Justice for Gemmel

Stellar business, nonpareil

discoverIE Group report ‘very strong bounce back’ with ‘continued strong order growth’

Nick Jefferies, main executive of discoverIE Team PLC (discoverIE Team PLC (LSE:DSCV)) discusses with Proactive London’s Katie Pilbeam their anticipations for ongoing powerful purchase expansion to produce complete-yr earnings forward of its prior forecast, in spite of supply chain and forex headwinds.

He suggests income and earnings have recovered from the pandemic and are now effectively forward of the pre-COVID-19 period of time.

Fundamental operating earnings from ongoing operations amounted to £18mln in the 6 months to thirty September 2021, a rise of 32% on previous yr and 27% better than in the initial 50 % of pre-pandemic 2019/20.

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