Diploma Upgrades FY Outlook After “Very Strong” H1, Lifts Organic Growth to 6%–9% and Margins to 25%

On the shape of growth through the year, Wilson said momentum seen in the first quarter continued into the second quarter. He reiterated earlier expectations that the second half would “mathematically moderate” due to tougher comparisons in the prior year, but said the overall shape remains similar with “everything being raised effectively.”Asked whether the organic growth upgrade reflects volume or pricing, CFO Wilson said Diploma’s organic growth is “volume led.” He gave Peerless as an example, noting tha ...