Electrocomponents plc (ECM.L), in a pre-close trading update, stated that it expects fourth-quarter Group underlying sales growth to be around 1%. Group eCommerce sales growth will be around 8%, giving Group eCommerce sales share in the quarter of around 57%. The Group expects its headline profit before tax for the full year to be in line with market expectations. Fiscal 2013 sales are expected to be flat with prior year.
The Group said, as expected, during the second half its operating margin has responded positively to the actions to improve gross margin and control operating costs, and has benefitted from the efficiencies resulting from the implementation of new global organisation structure.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.