Diploma top gainer on UK blue chip index after boosting profit forecast
BUZZ-Diploma top gainer on UK blue chip index after boosting profit forecast ** Shares of British distribution firm Diploma DPLM.L rise 5% to 7,110 pence, top gainer on the FTSE 100 index .FTSE
** Co raises FY adjusted operating profit growth outlook to about 42%, or roughly 7% above the company-compiled consensus of £454 million ($614.49 million), marking the third upgrade this year
** Co sees FY organic revenue growth of 14%, up from 12% earlier; delivers 15% organic growth in third quarter
** As of last close, the stock is up 27.9% YTD, while the FTSE 100 is up 5.9%
($1 = 0.7388 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru)