UK's discoverIE rises as annual earnings seen ahead of expectations
24/07/2026 08:25
BUZZ-UK's discoverIE rises as annual earnings seen ahead of expectations ** Electronic components maker discoverIE's DSCV.L shares up 7.9% at 750 pence; top gainer on FTSE midcap index .FTMC
** Company says full-year adjusted earnings tracking ahead of board's expectations, cites strong order book and acquisition opportunities
** "DSCV endured a tough couple of years, with slow end markets and destocking, but markets are now moving more positively" - Jefferies
** YTD, discoverIE shares up ~24%
($1 = £0.7506)
(Reporting by Neeshita Beura in Bengaluru)