Acal plc Provides Earnings Guidance for the Full Year Ended March 31, 2015; Reports Group Sales Results for the Second Half and Full Year Ended March 31, 2015
April 17, 2015 at 02:00 am EDT
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Acal plc provided earnings guidance for the full year ended March 31, 2015. Results for the year are expected to be in line with expectations and showing strong growth in underlying earnings per share despite foreign exchange translation headwinds.
The company reported group sales results for the second half and full year ended March 31, 2015. Group sales for the year increased by 28% on a reported basis and by 36% at constant exchange rates (CER) with second half group sales up by 45% CER. On a like-for-like basis excluding acquisitions, group sales for the year increased by 3% comprising sales growth in Custom Distribution of 2% and 9% sales growth in Design & Manufacturing.
discoverIE Group plc is an international group of businesses that design and manufacture customized electronic components for industrial applications. The Company provides application-specific components to original equipment manufacturers (OEMs) internationally through its two divisions, Magnetics & Controls, and Sensing & Connectivity. The Magnetics & Controls division designs, manufactures, and supplies highly differentiated magnetic and power components, embedded computing and interface controls, for industrial applications. The division comprises one cluster and six further businesses operating across 17 countries. The Sensing & Connectivity division designs, manufactures, and supplies highly differentiated sensing and connectivity components for industrial applications and comprises three clusters and four further businesses operating across nine countries. Its products include components for various industrial applications, such as transportation, renewable energy and others.
Acal plc Provides Earnings Guidance for the Full Year Ended March 31, 2015; Reports Group Sales Results for the Second Half and Full Year Ended March 31, 2015
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DISCOVERIE GROUP PLC 
