It has been a year since Diploma’s (DPLM) longstanding chief executive, Bruce Thompson, stepped down. Unfortunately, the tenure of his replacement, Richard Ingram, was a relatively brief affair, as he announced his departure alongside a rather encouraging trading update in August. Despite this disruption, the group, which provides specialised technical products and services, delivered double-digit earnings and dividend growth at its September year-end.
IC TIP:
Hold
at
1384p