Outlook: Custom electronics focus paying off
Acal’s strategy to develop its custom electronics manufacturing business hit a major milestone in FY16, with Design & Manufacturing (D&M) now generating more than half of revenues and a much larger majority of profits. We expect this trend to continue, through organic growth and additional acquisitions, supporting further growth in operating margins.discoverIE Group designs, manufactures and supplies electronic products, supplying customers in the transportation, medical, renewable energy and industrial sectors. Co.'s business is focused in five technology areas, which include communication and sensors, imaging and photonics, power and magnetics, microsystems, and electromechanical and cabling. Co. operates across two divisions: Design & Manufacturing, which supplies custom electronic products which are designed or modified from an existing product to customer specifications; and Custom Distribution, which provides technically demanding, customized electronic, photonic and medical products to industrial manufacturers.
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