‘Quality compounder’ Diploma (DPLM), which distributes industrial goods, is a steady long-term performer and its FY25 results have duly delivered. Revenue for the year to September is up 12% to £1.52 billion, better than forecast, with 11% organic growth. Adjusted operating profit is up 20% to around £343 million for a margin of 22.5% vs … Continue reading Diploma delivers the goods again