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Electrocomponents

Trading update stated:

Said that a strong performance combined with a positive market backdrop to deliver increased headline pretax profit in its fiscal first half
Expects headline pretax profit will have risen to about 78mln from £55.1mln a year earlier–thanks to stronger-than-expected growth and benefits from foreign-exchange transactions
The company forecasts underlying revenue to have risen 13%, driven by continuing double-digit underlying revenue growth in all five regions it operates in
Full-year revenue facing an adverse impact of £24 million

As of 8.16am the stock was trading up c.2.19% at c.653p


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