discoverIE Group plc Notice of Capital Markets Day (7560H)
15 March 2018 - 6:00PM
UK Regulatory
TIDMDSCV
RNS Number : 7560H
discoverIE Group plc
15 March 2018
7.00am, 15 March 2018
discoverIE Group plc
Notice of Capital Markets Day
discoverIE Group plc (LSE: DSCV, "discoverIE" or the "Group"), a
leading international designer, manufacturer and supplier of
customised electronics to industry, will be holding a Capital
Markets Day for investors and analysts this afternoon in
London.
The event will include a series of presentations by executive
and operational management to give greater insight into the Group
as well as product demonstrations to showcase discoverIE's
innovative electronics.
No new material trading information will be disclosed. A trading
update for the year ending 31 March 2018 will be published on 19
April 2018.
A copy of the presentation will be made available on the Group's
website, www.discoverieplc.com, later today.
For further information please contact:
Instinctif 020 7457 2020
Mark Garraway
Helen Tarbet
James Gray
Notes to Editors:
About discoverIE Group plc
discoverIE Group (previously Acal plc) is an international group
of businesses that designs, manufactures and supplies innovative
components for electronic applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally. With in-house
engineering capability, we are able to design components to meet
customer requirements, which are then manufactured and supplied,
usually on a repeating basis, for their ongoing production needs.
This generates a high level of recurring revenue and long term
customer relationships.
By focussing on key markets which are driven by structural
growth and increasing electronic content, namely renewable energy,
transportation, medical and industrial connectivity, the Group aims
to achieve organic growth that is well ahead of GDP and to
supplement that with targeted complementary acquisitions.
The Group employs c.3,800 people and its principal operating
units are located in Continental Europe, the UK, China, Sri Lanka,
India and North America.
The Group is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE Small Cap Index, classified
within the Electrical Components and Equipment subsector, and has
revenue of GBP0.4bn. Over the last five years, revenue and
underlying earnings per share have doubled.
This information is provided by RNS
The company news service from the London Stock Exchange
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