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DPLM — Diploma News Story

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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)

((DhanushVignesh.Babu@thomsonreuters.com))

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