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Writer's pictureAdam Strydom

Upgrading on Strong Close to FY23

With Q423 trading slightly better than expected, discoverIE Group plc is on track to deliver FY23 underlying earnings ahead of board expectations. The year-end order book was also higher than anticipated due to stronger than expected order intake in Q423, providing good visibility for FY24. Edison Group has upgraded their underlying EPS forecasts for FY23 and FY24 and reduced its net debt forecasts over the same period.





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