discoverIE
Electronics · United Kingdom · 1K - 5K Employees
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Overview
Headquarters
Chancellor Court, Occam Road 2, Guildfor...Phone Number
+44 1483544500Website
www.discoverieplc.comRevenue
$550.4 MillionStock Symbol
DSCVIndustry
ZI Rank: 1
Signal Type
Feb
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ZI Rank
1
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About discoverIE
discoverIE is an international group of businesses that designs, manufactures and supplies innovative components for electronic applications.Explore more
discoverIE Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Company Profile Activity
Activity Insights
discoverIE is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
discoverIE is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about discoverIE.
discoverIE Tech Stack
A closer look at the technologies used by discoverIE
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Most Recent Scoops
Earnings
discoverIE has reported operating cash flow of GBP 56 million with 91% conversion and free cash flow conversion of 92%, with CapEx of GBP 6.6 million representing 1.5% of sales, and working capital as a percentage of sales reduced from 17.2% to 16.6%.
Earnings, Finance, Financial Operations
Project
discoverIE has invested GBP 4.4 million in operating expenditure during the period, with half allocated to growth investments including new sales and engineering resources, expanded capacity in Thailand and South Korea, and a new facility under construction in India expected to complete in August.
Hiring Plans, Facilities Relocation/Expansion, Spending/Investment, Engineering, Capacity Planning, Construction
Project
discoverIE has achieved a 68% reduction in its carbon footprint over four years, surpassing its 65% reduction target, with the company's next milestone being net zero by 2030.
Sustainability
Earnings
discoverIE has reported profits of GBP 61 million for the period, up from GBP 60.5 million the prior year, with revenue contributing GBP 3.4 million in profit, partially offset by GBP 2.2 million in growth-related operating expenditure, and acquisitions Burster, Hivolt, and Storm contributing GBP 2.2 million.
Earnings, Acquisitions, Finance
Earnings
Earnings, Finance
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Frequently Asked Questions Regarding discoverIE
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