Outlook: Moving up the value chain
During FY15, Acal made good progress with its strategy to move up the electronics value chain. Strong growth was partially masked by currency headwinds, but the combination of two higher-margin design and manufacturing acquisitions, restructuring of the UK custom distribution business and an increasing focus on international sales positions the company for continued revenue growth and operating margin expansion.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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