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discoverIE Group (DSCV) investor relations material
discoverIE Group Trading Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Financial performance and trading update
First half earnings aligned with board expectations, supported by strong operational and cash performance.
Group sales rose 3% at constant exchange rates, with organic sales up 0.5% and acquisitions contributing 2.5% growth.
Three out of four operating units showed organic sales growth, while the Controls unit faced subdued demand from large customers.
Orders increased 5% at constant exchange rates, with a notable 13% rise in Q2; order book remains strong for the rest of the year.
Gross margins stayed robust, working capital was tightly managed, and gearing at 1.3x is below the target range.
Strategic positioning and outlook
Positioned for continued organic and inorganic growth as market conditions stabilize.
Significant capacity exists to support an expanding acquisition pipeline.
Focused on key markets such as medical, electrification, renewable energy, security, and industrial automation.
Committed to sustainability, holding an ESG "A" rating from MSCI and top ratings from Sustainalytics.
Interim results are scheduled for release on 2 December 2025.
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