Diploma PLC - London-based supplier of specialised technical products - Says third-quarter business performance is in line with its expectations, and this has continued into final quarter of its financial year, which ends on September 30. Diploma says revenue has grown 13% in the year so far. This is composed of 6% organic revenue grow, plus 10% contribution from acquisitions, offset by a 3% negative impact from foreign exchange. Diploma expects this pace to be maintained for the full year. The operating margin is ‘strong’ and in line with expectations. It is expected to be 20.5% for the year as a whole. Annual earnings per share are expected to be up 15%. Diploma will release its full-year results on November 19.

Current stock price: 4,213.45 pence, down 1.5% in London midday Thursday

12-month change: up 39%

Copyright 2024 Alliance News Ltd. All Rights Reserved.