discoverIE Group PLC prepared to quickly mitigate the effects of the coronavirus pandemic

The group added benefits from a potent and diversified client foundation, and desire stays sturdy with fantastic new order consumption in March but it has viewed a bit of disruption to its business of late

discoverIE Group PLC (), the customised electronics maker, stated it is effectively organized to promptly mitigate any disruption from the distribute of the coronavirus.

The group stated that the present-day financial calendar year, which runs to the end of March, experienced viewed potent momentum throughout the calendar year but noticed some isolated disruption to the business in the fourth quarter as a final result of the outbreak of the virus.

The wider potential impacts of the pandemic on trading are tricky to predict but the group reassured shareholders that it stays effectively funded, with a potent equilibrium sheet, fantastic cash liquidity and more than £100mln of headroom against its financial debt amenities.

The group operates

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