DiscoverIE Group expecting "higher contribution from acquisitions" this year | News Direct

DiscoverIE Group expecting "higher contribution from acquisitions" this year

discoverIE Group PLC
News release by discoverIE Group PLC

facebook icon linkedin icon twitter icon pinterest icon email icon London, UK | June 07, 2023 05:17 AM Eastern Daylight Time

 

DiscoverIE Group PLC (LSE:DSCV) CEO Nick Jefferies speaks to Proactive following the release of preliminary results for the twelve months to 31st March 2023 - a period he says the electronic component manufacturer was "very happy with."

 

He gives his take on the highlights from the year before turning to the future, noting the likelihood of lower organic growth as the tailwinds from the Covid-19 pandemic continue to ease. "As we move into a lower organic growth environment... this year going forward its going to be the opposite - slightly lower organic growth but with a higher contribution from acquisitions."

 

Contact Details

 

Proactive UK Ltd

 

+44 20 7989 0813

 

uk@proactiveinvestors.com

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EngineeringElectrical componentsOEMsdesign