logo
Plus   Neg
Share
Email

Diploma Says FY Trading Remains In Line With Its View

Diploma Plc. (DPLM.L), in its trading update for the year ending 30 September 2019, said that trading has remained in line with its expectations with good underlying growth in Life Sciences and Controls and softer activity in the Industrial OEM Seals markets.

It expects revenues to grow by about 13%, comprising underlying revenue growth of5% and with 6% being contributed from acquisitions, net of disposals. Revenues are also likely to benefit from a 2% currency tailwind.

In Life Sciences, underlying revenues are expected to be up about 7%.

The company expects underlying revenues in Seals segment to be 1% ahead of last year.

In controls unit, underlying revenues are expected to be up ca. 7% with further strong growth from deeper penetration of Fasteners into the Aerospace market.

The company will announce its results for the year ending 30 September 2019 on 18 November 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
With a view to expanding its presence in France, where it has been doing business for more than 100 years, Food and beverage giant Coca-Cola Co. (KO), during the Choose France Summit, announced 1 billion euros of investments in the country over the next five years. Coca-Cola Chairman and CEO James Quincey and President Emmanuel Macron is scheduled to elaborate on the plans in September. NBCUniversal unveiled Peacock, a free premium ad-supported streaming service with subscription tiers offering more than 600 movies and 400 series. Peacock will be available on April 15 for Comcast's Xfinity X1 and Flex customers and on July 15 for the rest of the country. NBC is offering Peacock... The number of Amazon Prime members in the U.S. is growing slowly, but steadily, a recent study has shown. According to the survey by the Consumer Intelligence Research Partners, LLC or CIRP, the number of Amazon Prime members in the U.S. is estimated to have risen to 112 million in December 2019 from just over 100 million in the same period of the prior year.
Follow RTT
>