discoverIE Annual Report 2026

CONSOLIDATED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED 31 MARCH 2026

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2026

2026 £m 443.3 (398.1)

2025 £m 422.9

2026 £m

2025 £m

Notes

Notes

Revenue

Profit for the year

29.0

4 7 7 9 9

24.6

Operating costs Operating profit Finance income Finance costs Profit before tax

(380.5)

Other comprehensive gain/(loss): Items that will not be subsequently reclassified to profit or loss: Actuarial gain/(loss) on defined benefit pension scheme Tax (charge)/credit relating to defined benefit pension scheme

45.2

42.4

2.7

0.3

3.7

31 10

(4.7)

(11.8)

(0.1)

(14.1)

1.2

36.1

0.2

32.0

(3.5)

(7.1)

Tax expense

10

(7.4)

Items that may be subsequently reclassified to profit or loss: Exchange differences on translation of foreign subsidiaries

Profit for the year

29.0

2.1 2.1 2.3

24.6

(3.7) (3.7) (7.2)

Other comprehensive income/(loss) for the year, net of tax Total comprehensive income for the year, net of tax

Earnings per share Basic, profit for the year Diluted, profit for the year

31.3

13

17.4

30.2p 29.4p

25.6p 25.0p

The above consolidated Statement of Comprehensive Income should be read in conjunction with the accompanying notes.

The above consolidated Statement of Profit or Loss should be read in conjunction with the accompanying notes.

SUPPLEMENTARY STATEMENT OF PROFIT OR LOSS INFORMATION FOR THE YEAR ENDED 31 MARCH 2026

2026 £m

2025 £m

Alternative performance measures

Notes

45.2

Operating profit

7 6

42.4

(0.5)

Add back:

Net acquisition and disposal (credit)/expenses Amortisation of acquired intangible assets

1.9

16.3 61.0

18

16.2 60.5

Adjusted operating profit

36.1 (0.5)

Profit before tax

32.0

Add back:

Net acquisition and disposal (credit)/expenses Amortisation of acquired intangible assets

6

1.9

16.3 51.9

18

16.2 50.1

Adjusted profit before tax

Adjusted earnings per share – diluted Adjusted earnings per share – basic

40.3p 41.3p

6 6

38.7p 39.7p

150

151

discoverIE Group plc Innovative Electronics

Annual Report and Accounts for the year ended 31 March 2026

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