discoverIE

Upbeat Capital Markets Event

  • Sectors : Capital Goods
  • Companies : discoverIE

Ratings and price correct at time of issue.

  • discoverIE

    Closing Price: 578p

  • RATING 21/06/24

  • PREVIOUS RATING N/A

DAVY VIEW

Yesterday (September 11th) discoverIE hosted its second Capital Markets Day (CMD), some six years since the last one. No new financial information was given, but the presentations and product exhibitions served as a reminder of the impressive growth the group has achieved in the last ten years and gave a reassuring picture of more to come. Trading on a PE of less than 15x Mar26, we reiterate our ‘Outperform’ rating.

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Sep 12 2024, 08:21 IST/BST

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