Diploma reported a robust first-quarter performance on Wednesday, with reported revenue growth of 12% for the three months ended 31 December.
Diploma
15 January 2025 11:07:59
Source: Sharecast
The FTSE 100 company said organic revenue growth reached 7%, while acquisitions contributed an additional 7%, partially offset by a 2% negative impact from foreign exchange.
It noted that underlying trends across its sectors remained consistent with the prior year, while operating margins were strong, aligning with expectations.
Full-year guidance remained unchanged, with projections for 6% organic revenue growth, 2% net acquisition growth, and an operating margin of around 21%.
Diploma said its next update would be its half-year results on 20 May.
At 1050 GMT, shares in Diploma were up 3.67% at 4,323p.
Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.
