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Diploma CEO bids farewell

Currency movements played a role, but the manufacturer's performance was still ahead of expectations
November 23, 2017

Full-year numbers from technical components manufacturer Diploma (DPLM) are the last with Bruce Thompson at the helm. Mr Thompson has been in the CEO job since 1996, and must take some satisfaction in beating the expectations the group had set for revenue growth in its August trading statement. Advantageous currency movements boosted statutory revenue (see table), but underlying constant-currency revenue still grew 7 per cent thanks to better-than-expected trading during the period.

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