|
|
|
10-11
CHARTERHOUSE SQUARE, LONDON EC1M 6EE
TELEPHONE:
+44 (0)20 7549 5700
|
15 January
2025
Diploma PLC ("the Company"), the
international value-add distribution group, today issues a trading
update for the three months ended 31 December 2024, ahead of the
Company's Annual General Meeting today at 9.00am.
· Strong Q1 performance, in
line with expectations.
· Organic revenue growth of
7%. Underlying trends by Sector
remain broadly consistent with the prior year.
· Reported revenue growth of
12%, with a 7% contribution from
acquisitions partly offset by a 2% impact from foreign
exchange.
· Strong operating
margin, in line with our
expectations.
· Full year guidance
unchanged: Organic revenue growth of
ca. 6%, net acquisition growth of ca. 2%, and strong operating
margin of ca. 21%.
Johnny Thomson, Chief Executive
Officer, and Chris Davies, Chief Financial Officer, will host a
conference call for analysts and investors this morning at 8:00am
(UK time).
Conference call dial in details:
•
Dial in: +44 (0) 33 0551 0200
•
Password: Diploma Q1
Our next scheduled update is our
half year results on 20 May 2025.
END
|
For further information please
contact:
|
|
|
|
|
|
Diploma PLC -
|
+44 (0)20 7549 5700
|
|
Johnny Thomson, Chief Executive
Officer
|
|
|
Chris Davies, Chief Financial
Officer
|
|
|
Holly Gillis, Head of Investor
Relations
|
|
|
|
|
|
Teneo -
|
+44 (0)20 7353 4200
|
|
Martin Robinson
|
|
|
Camilla Cunningham
|
|
NOTE TO EDITORS:
Diploma PLC is a decentralised,
value-add distribution Group. Our businesses deliver practical and
innovative solutions that keep key industries moving - from energy
and infrastructure to healthcare.
We are a distribution group with a
difference. Our businesses have the technical expertise, specialist
knowledge, and long-term relationships required to deliver
value-add products and services that make our customers' lives
easier. These value-add solutions drive customer loyalty, market
share growth and strong margins.
Our decentralised model means our
specialist businesses are agile and empowered to deliver the right
solutions for their customers, in their own way. As part of
Diploma, our businesses can also leverage the additional resources,
opportunities and expertise of a large, international and
diversified Group to benefit their customers, colleagues, suppliers
and communities.
We employ c.3,600 colleagues across
our three Sectors of Controls, Seals and Life Sciences. Our
principal operating businesses are located in the UK, Northern
Europe, North America and Australia.
Over the last fifteen years, the
Group has grown adjusted earnings per share (EPS) at an average of
ca. 15% p.a. through a combination of organic growth and
acquisitions. Diploma is a member of the FTSE 100.
Further information on Diploma PLC
can be found at www.diplomaplc.com
The person responsible for releasing
this Announcement is John Morrison, Group Company
Secretary.
LEI:
2138008OGI7VYG8FGR19