Business
Interim Results
discoverIE Group plc reported interim results for the six months ended 30 September 2025, showcasing record profitability with revenue up 2.5% to £216.4 million and adjusted operating profit increasing by 4% to £30.2 million, resulting in adjusted EPS growth of 6% to 19.5p. The company achieved excellent cash flow with a free cash conversion rate of 104% and has a strong order book providing good visibility for the second half of the year. A bolt-on acquisition for £5.5 million was signed post-period, and the revolving credit facility was extended to May 2030, with period-end gearing at 1.3x. The Group remains on track to deliver full-year adjusted earnings in line with expectations. Disclaimer*
About this update from Discoverie Group Plc
[{"type":"text","content":"\n\n2 DECEMBER 2025\n \ndiscoverIE Group plc\n \nInterim results for the six months ended 30 September 2025\n \nRecord profitability with growing orders and acquisition pipeline\n \ndiscoverIE Group plc (LSE: DSCV, \"discoverIE\" or \"the Group\"), a leading international designer and manufacturer of customised electronics to industry, today announces its interim results for the six month period ended 30 September 2025 (\"H1 2025/26\" or \"the Period\").\n \n\n\n\n\n \n \n\n\nH1 2025/26\n\n\nH1 2024/25\n\n\nGrowth %\n\n\nCER(2) growth %\n\n\n\n\n \nRevenue\n\n\n \n£216.4m\n\n\n \n£211.1m\n\n\n \n+2.5%\n\n\n \n+3.5%\n\n\n\n\n \nAdjusted operating profit(1)\n\n\n \n£30.2m\n\n\n \n£29.1m\n\n\n \n+4%\n\n\n \n+5%\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\nAdjusted operating margin(1)\n\n\n14.0%\n\n\n13.8%\n\n\n+0.2ppt\n\n\n+0.3ppt\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\nAdjusted profit before tax(1)\n\n\n£25.5m\n\n\n£23.8m\n\n\n+7%\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\nAdjusted EPS(1)\n\n\n19.5p\n\n\n18.4p\n\n\n+6%\n\n\n\n\n\n\n\n \nReported profit before tax\n\n\n \n£17.6m\n\n\n \n£15.8m\n\n\n \n+11%\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\nReported fully diluted EPS\n\n\n13.5p\n\n\n12.2p\n\n\n+11%\n\n\n\n\n\n\n\n \nInterim dividend per share\n\n\n \n4.05p\n\n\n \n3.90p\n\n\n \n+4%\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n \nHighlights\n \n· Revenues up 3.5% CER and orders up 5% CER\no Organically(3), sales grew 1% in Q2 and 0.5% in H1 \no Organically, orders grew 8% in Q2 and 0.5% in H1\n \n· Adjusted operating profit up 5% CER to a record £30.2m\no Adjusted operating margin of 14.0%, up 0.3ppt at CER\no Adjusted EPS up 6% to 19.5p\n \n· Excellent cash flow with strong conversion rates over the last 12 months\no Free cash conversion(4) of 104%, well ahead of target\no Cash conversion rates averaging above 100% over the last decade\n \n· Accretive bolt-on acquisition signed after the Period end for £5.5m\n \n· Revolving credit facilit...