DiscoverIE Share News (DSCV)

LONDON BROKER RATINGS: Hunting upped to 'buy'; Jefferies cuts Intertek

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON MARKET OPEN: Just Eat Takeaway up as Amazon buys into Grubhub

(Alliance News) - European equities opened higher on Wednesday, as beaten down stocks enjoyed somewhat of a bounce after heavy selling on Tuesday.

REPEAT: discoverIE buys manufacturer CDT Group for GBP5 million

discoverIE Group PLC - Surrey-based maker of customised electronic - Buys Northamptonshire-based designer & manufacturer of customised plastic enclosures CDT Group for GBP5.0 million on a debt free, cash free basis. discoverIE says the acquisition will be "immediately enhancing to group underlying earnings". CDT has reported revenue of GBP2.9 million for year ended on December 21, with an underlying operating margin of 28% and and underlying operating profit of GBP800,000.

IN BRIEF: discoverIE buys manufacturer CDT Group for GBP5 million

discoverIE Group PLC - Surrey-based maker of customised electronic - Buys Northamptonshire-based designer & manufacturer of customised plastic enclosures CDT Group for USD5.0 million on a debt free, cash free basis. discoverIE says the acquisition will be "immediately enhancing to group underlying earnings". CDT has reported revenue of GBP2.9 million for year ended on December 21, with an underlying operating margin of 28% and and underlying operating profit of GBP800,000.

DiscoverIE buys CDT Group for £5m

(Sharecast News) - Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m.

Berenberg lowers target price on DiscoverIE

(Sharecast News) - Analysts at Berenberg lowered their target price on electronic components manufacturer DiscoverIE from 1,150.0p to 920.0p on Thursday but stated they still sensed "an opportunity" for investors.

LONDON BROKER RATINGS: Upgrades for WH Smith, Victrex and Hochschild

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Record order growth drives DiscoverIE's results

(Sharecast News) - Industrial electronics manufacturer DiscoverIE Group reported a 25% improvement in revenue in its preliminary results on Tuesday, to £379.2m, amid record growth in its orders and sales.

discoverIE resilient against headwinds as results beat pre-pandemic

(Alliance News) - discoverIE Group PLC on Tuesday reported its full-year earnings were ahead of pre-Covid figures despite an inflationary environment and supply chain headwinds.

LONDON MARKET OPEN: Banks, housebuilders up in minor FTSE 100 rebound

(Alliance News) - Stock prices in London saw some respite on Tuesday from recent selling pressure, but the mood remained fragile ahead of some key central banking decisions this week.

LONDON MARKET PRE-OPEN: UK unemployment rate unexpectedly worsens

(Alliance News) - Stocks in London are set to rebound on Tuesday after a brutal start to the week, though further volatility is likely as central bank meetings in the US and UK loom this week.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET OPEN: Investors await ECB; Wizz Air takes off on demand

(Alliance News) - Europe's blue chip benchmarks were searching for direction at the open on Thursday as investors gear up for the latest European Central Bank rate decision.

LONDON MARKET PRE-OPEN: National Grid and discoverIE to beat forecasts

(Alliance News) - Stocks in London are set for a cautious open on Thursday to close out the shortened week as all eyes shift to Frankfurt before the Easter break.

DiscoverIE FY underlying earnings expected to beat previous guidance

(Sharecast News) - Electronics manufacturer DiscoverIE said on Thursday that trading in the final two months of the year continued to be strong, with the group now expecting to deliver full-year underlying earnings from continuing operations ahead of previous guidance.