Half Year Results 

Electrocomponents warns on comparatives

Electrocomponents warns on comparatives

Electrocomponents (ECM) noted a "cyclical return in demand" for electric components when it published full-year figures in May. Six months on and the global distributor cautioned that “trading comparatives will toughen” as the year progresses. This partly alludes to probable foreign-exchange effects, but shareholders will note the 13.3 per cent rise in underlying revenue at the half-year mark, together with a near one-third increase in underlying pre-tax profit.

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