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


Nick Jefferies, chief executive of discoverIE Group PLC (discoverIE Group PLC (LSE:DSCV)) discusses with Proactive London’s Katie Pilbeam their expectations for continued strong order growth to deliver full-year profits ahead of its previous forecast, despite supply chain and forex headwinds.

He says revenue and profit have recovered from the pandemic and are now well ahead of the pre-COVID-19 period.

Underlying operating profit from continued operations amounted to £18mln in the six months to 30 September 2021, a rise of 32% on last year and 27% higher than in the first half of pre-pandemic 2019/20.

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