Leading International Investment Research

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>After a long period of destocking by customers, discoverIE has reported a return to organic revenue growth, with Q226 organic revenue up 1% y-o-y and H126 up 0.5% y-o-y after previously reporting flat organic revenue in Q126. Organic order growth was strong in Q226, up 8% y-o-y, providing a book-to-bill above one and a strong order book for delivery in H226. With trading in line with board expectations, we maintain our earnings forecasts.</p>

After a long period of destocking by customers, discoverIE has reported a return to organic revenue growth, with Q226 organic revenue up 1% y-o-y and H126 up 0.5% y-o-y after previously reporting flat organic revenue in Q126. Organic order growth was strong in Q226, up 8% y-o-y, providing a book-to-bill above one and a strong order book for delivery in H226. With trading in line with board expectations, we maintain our earnings forecasts.

discoverIE Group — Organic revenue and order growth resumes