discoverIE Group plc announced sales results for the fourth quarter ended and year to March 31, 2019. For the period, the company reported group sales increased by 12% on a reported basis, 14% CER2 and by 8% organically (excluding acquisitions)3. Group orders also grew by 8% organically in the period. In the Design & Manufacturing division, sales and orders grew organically by 9%, and in Custom Supply, sales grew by 7% organically and orders by 5%.

For the year to 31 March 2019, Group sales increased by 13% on a reported basis, 14% CER and by 8% organically, with orders growing 7% organically. Within this, D&M delivered organic sales growth of 10% and order growth of 11% and in Custom Supply, organic sales growth was 5% with order growth of 3%.

Trading in the fourth quarter continued strongly and the Group expects to deliver full year earnings in line with the Board's expectations.