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discoverIE

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Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

discoverIE is an international designer and manufacturer of customised electronic components for industrial applications. It focuses on specialist products with long design cycles and relatively low volumes rather than commodity consumer electronics.

02

Key activities

Design and manufacture of customised electronic components and subsystems including sensors, magnetics, power products, controls and connectivity solutions.

03

Key markets

Industrial customers worldwide, particularly in renewable energy, electrification, medical equipment, transportation, automation and other demanding technical applications.

04

Key drivers

Electrification, renewable-energy investment, industrial automation, medical demand, design wins, acquisitions, operating margins and growth in customised higher-value products.

05

Key risks

Industrial downturns, customer project delays, supply-chain disruption, acquisition integration, currency movements, component shortages and weakness in capital-equipment markets.

06

Recent Developments

3 June 2026: full-year revenue rose 5% to £443.3m and adjusted pre-tax profit increased 4% to £51.9m. The group also continued its acquisition strategy, including the purchase of 3Gmetalworx announced in May.

07

Dividend notes

Pays interim and final dividends. FY2026 total dividend is 13.0p. The 8.95p final dividend was paid on 31 July 2026 to shareholders on the register on 26 June; investors should verify the corresponding ex-dividend date in the market timetable.

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