DiscoverIE shares jump on increased operating profit guidance
Margin up despite dip in sales Record earnings per share Five-year margin target raised Electronic component-maker discoverIE Group (DSCV) surprised analysts and investors in a good way with a strong set of results for the year to March and an increase in its medium-term margin guidance. The shares gained as much as 82p or 13% to a three-month high of 715p, taking them to the top of the FTSE...