Diploma raises full-year revenue growth forecast
20/05/2025 07:42
May 20 (Reuters) - British distributor Diploma DPLM.L raised its full-year organic growth forecast on Tuesday after reporting a 14% rise in first-half sales, driven by strong demand for cables and wires. The company, which counts Formula 1 and Indy Car among its customers, said impact of tariffs was limited, as most of its businesses largely source their products locally. (Reporting by Nithyashree R B in Bengaluru) ((NithyashreeRB@thomsonreuters.com;))