May 29, 2023

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

Nick Jefferies, main executive of discoverIE Group PLC (discoverIE Group PLC (LSE:DSCV)) discusses with Proactive London’s Katie Pilbeam their anticipations for continued solid buy progress to provide whole-calendar year revenue ahead of its prior forecast, in spite of supply chain and foreign exchange headwinds.

He states profits and profit have recovered from the pandemic and are now very well ahead of the pre-COVID-19 time period.

Fundamental functioning profit from continued operations amounted to £18mln in the 6 months to thirty September 2021, a rise of 32% on previous calendar year and 27% increased than in the initial fifty percent of pre-pandemic 2019/20.

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