Diploma lifts third quarter revenue

Specialised technical products and services provider Diploma said revenues increased 13 per cent from the previous year and quarter following contributions from acquisitions and after strong demand at its North American Seal businesses.

Specialised technical products and services provider Diploma said revenues increased 13 per cent from the previous year and quarter following contributions from acquisitions and after strong demand at its North American Seal businesses.

The group, which supplies specialised technical products and services to the life sciences, seals and controls industries, said after adjusting for currency effects and acquisitions, underlying revenues from 1 April 2012 to date increased by 7%. The underlying increase in third quarter revenues was up 5% from the year before, it added.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.