REG - discoverIE Group plc - Capital Markets Event

DiscoverieAnnouncement

11/09/2024 07:00

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RNS Number : 6046D  discoverIE Group plc  11 September 2024

For Release

7.00am, 11 September 2024

 

discoverIE Group plc

 Capital Markets Event

 

 

discoverIE Group plc (LSE: DSCV, "discoverIE" or "the Group"), a leading
international designer and manufacturer of customised electronics to industry,
will today host a Capital Markets Event for analysts and investors commencing
at 1pm UK time at The Royal Society in London.

 

During the event, management will present an update on the Group's strategy
and the latest developments, followed by an exhibition of the Group's products
and technology from its portfolio of businesses.

 

Key topics for discussion at the event will include:

 

1.   The Group's proven strategy which has delivered excellent results over
many years

 

2.   The strong foundations and sound fundamentals that underpin the next
stage of growth

 

3.   The high-quality markets that the Group sells in to, presenting
opportunities for compounding growth backed by efficiencies

 

4.   The fragmented industry that discoverIE operates in which presents
clear consolidation opportunities.

 

No material or price sensitive information will be disclosed at the event.

 

If you wish to attend the event in person, please contact
discoverIE@buchanan.uk.com (mailto:discoverIE@buchanan.uk.com)

 

A live webcast of the presentation will be available via the website at
www.discoverieplc.com (http://www.discoverieplc.com) or on
https://brrmedia.news/DSCV_CMD (https://brrmedia.news/DSCV_CMD) . This will be
available for playback after the event.

 

 

For further information, please contact:

 discoverIE Group
 plc

 01483 544 500

 Nick Jefferies             Group Chief Executive

 Simon Gibbins            Group Finance Director

 Burson
 Buchanan
 0207466 5000

 Chris Lane, Toto Berger, Jack Devoy

 discoverIE@buchanan.uk.com (mailto:discoverIE@buchanan.uk.com)

 

 

Notes to Editors:

 

discoverIE Group plc is an international group of businesses that design and
manufacture innovative electronic components for industrial applications.

 

The Group provides application-specific components to original equipment
manufacturers ("OEMs") internationally through its two divisions, Magnetics
& Controls, and Sensing & Connectivity. By designing components that
meet customers' unique requirements, which are then manufactured and supplied
throughout the life of their production, a high level of repeating revenue is
generated with long-term customer relationships.

 

With a focus on sustainable key markets driven by structural growth and
increasing electronic content, namely renewable energy, medical,
electrification of transportation and industrial automation &
connectivity, the Group aims to achieve organic growth that is well ahead of
GDP and to supplement that with complementary acquisitions. The Group is
committed to reducing the impact of its operations on the environment with an
SBTi-aligned plan to reach net zero. With its key markets aligned with a
sustainable future, the Group has been awarded an ESG "AA" rating by MSCI and
is Regional (Europe) Top Rated by Sustainalytics.

 

The Group employs c.4,500 people across 20 countries with its principal
operating units located in Continental Europe, the UK, China, Sri Lanka, India
and North America.

 

discoverIE is listed on the Main Market of the London Stock Exchange and is a
member of the FTSE250, classified within the Electrical Components and
Equipment subsector.

 

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