Diploma (GB:DPLM) has released an update.
Diploma PLC, an international distribution group, has reported a robust nine-month performance with organic revenue growth of 6% and an overall revenue increase of 13% year to date, bolstered by recent acquisitions. The company is maintaining a strong operating margin and projects a positive full-year outlook with an estimated constant currency revenue growth of around 16%, EPS growth of 15%, and free cash flow conversion of 90%. These results reflect the company’s strategic growth through both organic means and acquisitions, such as Peerless and PAR Group, in their Controls and Seals sectors.
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