UK's discoverIE to move more production to US amid tariff woes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
0mins
Source: Reuters
Production Shift and Tariff Impact: DiscoverIE plans to increase production in the U.S. and pass on higher costs to clients due to concerns over tariffs amid the ongoing trade war between China and the United States.
Market Reaction and Earnings Outlook: The company's shares rose by 3% following an announcement that it expects earnings for the year 2024/25 to exceed previous expectations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
