Discoverie Group (DSCV)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

640.00p
   
  • Change Today:
    -22.00p
  • 52 Week High: 790.00p
  • 52 Week Low: 572.00p
  • Currency: UK Pounds
  • Shares Issued: 96.36m
  • Volume: 220,590
  • Market Cap: £616.68m
  • Beta: 1.34

DiscoverIE buys Slovakia's 2J Antennas for £45m

By Frank Prenesti

Date: Wednesday 13 Sep 2023

LONDON (ShareCast) - (Sharecast News) - International customised electronics designer and maker discoverIE Group said it had bought Slovakia-based 2J Antennas Group (2J), for €52.5m (£45m) on a debt free, cash free basis.
Founded in 2002, 2J makes high performance antennas for industrial purposes. The company, which was owned by management who will continue with the business, is based in Bardejov, Slovakia with subsidiaries in the US and UK, selling into more than 50 countries.

DiscoverIE said 2J "has a long track record of profitable growth at operating margins significantly higher than the group average".

2J reported revenues of €18.1m (£15.5m), pre-tax profit of €4.4m (£3.8m), underlying operating profit of €3.7m (£3.2m) and a 21% underlying operating margin in 2022.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

DSCV Market Data

Currency UK Pounds
Share Price 640.00p
Change Today -22.00p
% Change -3.32 %
52 Week High 790.00p
52 Week Low 572.00p
Volume 220,590
Shares Issued 96.36m
Market Cap £616.68m
Beta 1.34

DSCV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.84% below the market average77.84% below the market average77.84% below the market average77.84% below the market average77.84% below the market average
77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average77.14% below the sector average
Price Trend
35.3% below the market average35.3% below the market average35.3% below the market average35.3% below the market average35.3% below the market average
24.32% above the sector average24.32% above the sector average24.32% above the sector average24.32% above the sector average24.32% above the sector average
Income
37.21% below the market average37.21% below the market average37.21% below the market average37.21% below the market average37.21% below the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
17.78% below the market average17.78% below the market average17.78% below the market average17.78% below the market average17.78% below the market average
27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average27.27% above the sector average

What The Brokers Say

Strong Buy 4
Buy 4
Neutral 3
Sell 1
Strong Sell 0
Total 12
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

DSCV Dividends

  Latest Previous
  Final Interim
Ex-Div 27-Jun-24 14-Dec-23
Paid 02-Aug-24 24-Jan-24
Amount 8.25p 3.75p

Trades for 21-Nov-2024

Time Volume / Share Price
16:49 2,287 @ 640.00p
16:35 36,535 @ 640.00p
16:35 1 @ 640.00p
16:35 1,079 @ 640.00p
16:35 98 @ 640.00p

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