Diploma Plc revenues in the first quarter increase by 9% on actual basis

 

Diploma Plc (LON: DPLM) has released a trading update for the first quarter ended 31 December 2019.

  • The Reported Group revenues in the first quarter increased by 9 per cent over the comparable period. Group revenues increased by 11 per cent on CER basis, with acquisitions completed last year contributing 9 per cent, while the underlying growth was of 2 per cent.
  • The Group’s operating margin in the first quarter remained in line with expectations.
  • The company reported that revenues on a reported and underlying basis of Life Sciences Sector were up 2 per cent and 3 per cent respectively.

On 15th January 2020, at the time of writing, GMT 08:05 AM, DPLM shares were trading at GBX 1,878.00, down by 23.00 points or 1.21% against the previous day closing price