**Summary**
discoverIE Group plc, a leading designer and manufacturer of customised electronics for industrial applications, released its Q3 trading update for the period ending December 31, 2025. Key highlights include
1. **Sales Growth**Group sales increased by 5% at constant exchange rates (CER) and 1% organically.
2. **Order Growth**Orders rose by 9% at CER and 4% organically, with a book-to-bill ratio of 1.03x.
3. **Operational Performance**The Controls unit showed improved sales and order trends compared to the first half of the year.
4. **Financial Health**Gross margins remained strong, working capital was tightly managed, and cash generation continued robustly.
5. **Acquisitions**The acquisition of Keymat Technology Ltd was completed, and approval for the acquisition of Trival Antene d.o.o is in progress, with a healthy pipeline of further opportunities.
6. **Outlook**The Group is on track to meet full-year adjusted earnings expectations and remains well-positioned for through-cycle growth, both organically and inorganically.
The update emphasizes discoverIE’s focus on structural growth markets, sustainability, and long-term customer relationships, supported by its strong ESG ratings and global presence.