GROUP AT A GLANCE
discoverIE is an international specialist electronics group, designing and manufacturing customised, application-specific components for industrial use.
1 Sensing and Connectivity (“S&C”)
UK – 18% Nordics – 12% Rest of Europe – 42%
■ Electronics for wireless transmission, fibre optic and cable connection, electromagnetic shielding, and sensing components for measuring movement, temperature, pressure, position, force and load ■ Consists of two operating units, which are divided into four technology clusters and four standalone businesses ■ Operates across ten countries with 18 manufacturing sites Sensing ■ Variohm Eurosensor ■ Burster ■ CPI ■ Limitor ■ Magnasphere ■ Phoenix America ■ Positek Optical filter & Connectors ■ Foss ■ IKN Enclosures & Cabling ■ CDT ■ Contour Stortech RF & Wireless ■ 2J Antennas ■ Antenova ■ Trival Antene Standalone ■ Hivolt Capacitors ■ MTC ■ Electronics for power conversion and switching, X-ray detection, signal conditioning, monitoring, human-machine interface (“HMI”) controls and embedded computing ■ Consists of two operating units, which are divided into three technology clusters and two standalone businesses ■ Operates across 16 countries with 23 manufacturing sites Magnetics ■ Santon ■ Silvertel
Revenue by geography
N. America – 20% Asia & ROW – 8%
Through a global network of engineering‑led businesses, we deliver differentiated, mission‑critical solutions to original equipment manufacturer (“OEM”) customers worldwide. Deep technical expertise, close customer collaboration and a global manufacturing footprint enable us to deliver ever better, reliable solutions that meet customers’ specific needs.
Adjusted operating profit
Revenue growth 1
Revenue
£176.3m
FY22 FY23 FY24 FY25 FY26
£162.1m
£155.9m £156.4m
M&C £267.0m S&C £176.3m
M&C £41.7m S&C £31.4m
£134.4m
1 Silvertel was transferred from M&C to S&C and Sens-Tech was transferred from S&C to M&C in FY26. Figures for all years have been restated.
Revenue by geography (%)
UK 10%
Nordics 17%
Asia & Rest of World 15%
M&C sales representative S&C sales representative M&C manufacturing site S&C manufacturing site
2 Magnetics and Controls (“M&C”)
UK – 5% Nordics – 20% Rest of Europe – 30% N. America – 25% Asia & ROW – 20%
Revenue by geography
Revenue growth 1
Embedded computing ■ Hectronic ■ Beacon
£000.0m £267.0m £260.8m
FY22 FY23 FY24 FY25 FY26
■ Noratel ■ Shape ■ Myrra ■ Flux
£281.1m £292.5m
EmbeddedWorks ■ Diamond Technology
£244.8m
HMI ■ Cursor Controls ■ Storm Interface
Standalone ■ Sens-Tech ■ Vertec
1 Silvertel was transferred from M&C to S&C and Sens-Tech was transferred from S&C to M&C in FY26. Figures for all years have been restated.
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Rest of Europe 35%
North America 23%
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discoverIE Group plc Innovative Electronics
Annual Report and Accounts for the year ended 31 March 2026
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