Discoverie Lifts FY Guidance After Strong First-Half Performance
Discoverie said magnetics and controls sales rose 13% on demand across industrial electrification, renewables and security. Sensing and connectivity posted 1% organic growth.
Discoverie said its magnetics and controls division led growth, with sales rising 13% as demand remained robust across industrial electrification, renewables and security. Sensing and connectivity recorded 1% organic growth, improving on last year's run-rate. Management expects a faster…