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discoverIE Group PLC

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Market:
LSE
Market Cap:
£361.41 m
Price
448.00 GBX
Change
3.70%
52 weeks high
470.00
52 weeks low
324.00

In brief

discoverIE (LSE: DSCV) is an international group of businesses that designs, manufactures and supplies highly differentiated, innovative components for electronics applications.

The Group provides application-specific components to original equipment manufacturers (“OEMs”) internationally. With in-house engineering capability, we are able to design components to meet customer requirements, which are then manufactured and supplied, usually on a repeating revenue basis, for their ongoing production needs. This generates a high level of recurring revenue and long term customer relationships.

Deep dive We explore the investor case for growth companies

Snapshot

  • Makes and supplies innovative components for electronics
  • Key markets in renewables, transportation, medical and industry
  • Company is on track to meet full-year expectations
  • Order book at the end of September rose to £153mln