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Strong first half sees discoverIE Group PLC's profits rise by a quarter

Nick Jefferies, chief executive of discoverIE Group PLC (LON:DSCV) discusses with Proactive London's Andrew Scott the group's results for the six months to the end of September 2018.

The customised electronics maker reported an underlying pre-tax profit of £12.9mln, up 24% on the same period a year ago, while revenues climbed 12% at constant exchange rates to £211.7mln.

Jefferies adds that sales and underlying earnings per share (EPS) have more than doubled since FY 2013 and that underlying operating profits have more than quadrupled in the same period.

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