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Diploma ( (GB:DPLM) ) has issued an announcement.
Diploma PLC reported a strong start to the fiscal year, with a 7% organic revenue growth and a total reported revenue growth of 12% for the first quarter ending December 31, 2024. The growth was driven by acquisitions and a robust operating margin, despite a slight negative impact from foreign exchange. The company maintained its full-year guidance, reflecting confidence in achieving a 6% organic revenue growth, 2% net acquisition growth, and a strong operating margin of approximately 21%. This performance strengthens Diploma’s position in the distribution industry and reassures stakeholders of its continued financial health and strategic momentum.
More about Diploma
Diploma PLC is an international, value-add distribution group that provides practical and innovative solutions across key industries such as energy, infrastructure, and healthcare. The company operates in three sectors: Controls, Seals, and Life Sciences, with principal operations in the UK, Northern Europe, North America, and Australia. Diploma employs approximately 3,600 people and is a member of the FTSE 100.
YTD Price Performance: -3.44%
Average Trading Volume: 262,700
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.58B
Learn more about DPLM stock on TipRanks’ Stock Analysis page.
