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DSCV Discoverie Group Plc

730.00
17.00 (2.38%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Discoverie Group Plc LSE:DSCV London Ordinary Share GB0000055888 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  17.00 2.38% 730.00 731.00 736.00 741.00 695.00 716.00 162,202 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 448.9M 21.3M 0.2211 33.06 704.36M

DiscoverIE Group 1st Half Sales Hampered by Sterling -- Currency Comment

30/11/2021 12:10pm

Dow Jones News


Discoverie (LSE:DSCV)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Discoverie Charts.

By Mauro Orru

 

DiscoverIE Group PLC posted higher sales in the first half of fiscal 2022, but said that sterling held back growth for the period.

The electronics manufacturer said a stronger sterling in the six months ended Sept. 30 reduced sales by 3%. Sales rose 21% on a reported basis to GBP174.3 million.

"A stronger sterling during the period, particularly compared with the U.S. dollar and euro, reduced sales by 3% on translation for a net growth in reported continuing group sales of 21%," the company said.

Sterling currently trades at $1.3345.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

November 30, 2021 06:55 ET (11:55 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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