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Discoverie Group

Current Price 548.00p Bid 538.00p Ask 548.00p Change 3.40%
Last Updated: 17/11/2019 05:17. Prices delayed by at least 15 minutes.
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Company Overview

discoverIE Group plc (formerly 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.4,300 people and its principal operating units are located in Continental Europe, the UK, China, Sri Lanka, India and North America.

Financial Highlights Year Ended 31/03/2019

Turnover
£438.90m
Operating Profit
£22.70m
Dividend Yield
1.80
Dividend Per Share
9.55
Dividend Cover
2.09
P/E Ratio
26.50

Key Personnel

Nicholas John Jefferies
Chief Executive Officer
Simon Mark Gibbins
Group Finance Director
Malcolm Macdonald Diamond
Non-Executive Chairman
Clive Graeme Watson
Non-Executive Director
Bruce McKenzie Thompson
Non-Executive Director
Tracey Graham
Non-Executive Director

Stock Details

EPIC
DSCV
ISIN
GB0000055888
Shares in Issue
88,705,915
Market cap
£470.14m

Analyst Views (4)

Strong Buy
 
75.00%
Buy
 
0.00%
Hold
 
25.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
548.00p
Bid Price
538.00p
Ask Price
548.00p
Volume
113291
Change Today
18.00p
% Change Today
3.40%
Open
554.40p
Previous Close
548.00p
Intraday High
581.88p
Intraday Low
531.00p
52 Week High
578.00p
52 Week Low
324.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Discoverie Group Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Tangible Assets
24.4
23.4
Intangible Assets & Goodwill
119.7
115.0
Investments & Other Non-Current Assets
5.1
5.8
Total Non-Current Assets
149.2
144.2
Inventory
66.2
60.6
Trade & Receivables
88.7
82.4
Cash & Receivables
22.9
21.9
Other Current Assets & Assets Held for Resale
1.3
1.3
Total Assets
328.3
310.4

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Short Term Liabilities
96.0
93.4
Long Term Liabilities
97.6
87.7
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
193.6
181.1

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Net Assets
134.7
129.3

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Share Capital
3.7
3.6
Minority Interests
0.0
0.0
Retained Earnings
18.8
12.4
Share Premium Account
106.9
106.9
Other Equity
5.3
6.4
Total Equity
134.7
129.3

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Cashflow from Operating Activities
22.4
15.0
Cashflow Before Financing
-5.0
-14.3
Increase / Decrease in Cash
4.4
-3.1

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Mar 2019
31 Mar 2018
Turnover
438.9
387.9
Cost of Sales
293.9
261.2
Gross Profit
145.0
126.7
Operating Profit
22.7
18.5
Pre-Tax Profit
19.3
15.8
Profit / Loss for the Year
14.6
11.8

Dividend History

Data has been provided by AJ Bell

Period
Ex-Dividend Date
Payment Date
H2 Dividend
13 Jun 2019
30 Jul 2019
H1 Dividend
20 Dec 2018
14 Jan 2019
H2 Dividend
14 Jun 2018
31 Jul 2018
H1 Dividend
21 Dec 2017
15 Jan 2018
H2 Dividend
15 Jun 2017
28 Jul 2017
H1 Dividend
22 Dec 2016
13 Jan 2017
H2 Dividend
09 Jun 2016
29 Jul 2016
H1 Dividend
24 Dec 2015
15 Jan 2016
H2 Dividend
11 Jun 2015
31 Jul 2015
H1 Dividend
01 Jan 2015
16 Jan 2015
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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