discoverIE Group – executive interview

Nick Jefferies, CEO of discoverIE, joins Katherine Thompson to provide an update on the current trading environment for the business. While the tariff situation creates uncertainty, the company does not expect it to have a material impact on its operations. Nick reflects on the destocking phase that has seen the company’s largest customers unwinding the elevated levels of inventory accumulated in response to post-COVD supply chain disruptions, depressing order intake. He discusses the company’s track record of organic growth and how growth is likely to bounce back as customers start to order in line with demand for their own products. Reflecting the company’s buy-and-build strategy, he discusses the M&A pipeline. Finally, he highlights how the company’s flexible operating model has protected profits during the downturn and, with strong design wins in recent quarters, is well positioned for revenue and profit growth as these convert to orders.

discoverIE is a leading international designer and manufacturer of customised electronics to industry, supplying customer-specific electronic products and solutions to OEMs.