Trading since it last updated the market in February has been better than forecast.
As a result group sales are set to have increased by 6%, or 14% at constant exchange rates.
The Design & Manufacturing division, which accounted for 48% of revenue and more than three-quarters of profit, saw sales revenues grow by 3% on a like-for-like basis.
Adding in new acquisitions and adjusting for currency movements they were up 50%.
As expected, sales from the Custom Distribution division were down 7%.
Acal said its three recent purchases, Flux last November, Contour in January and Plitron in February, are all performing “well and as expected”.
finnCap analyst Guy Hewitt says Acal’s margins set it apart from competition
“This is all about specialism,” Hewitt said in an interview with Proactive Investors.
“It [Acal] is strong in niches and therefore competition is lower and they’re much more in tune with what the customers need and that means higher value add.
“They are very much focussed on customised products meaning you can’t necessarily easily buy what they produce elsewhere if at all in fact.
“So they get involved with the client early on from the design stage ideally all the way through to manufacturing and distribution and that increases level of value add
“So if a customer is looking for a particular set of skills or product then hopefully the strategy is that Acal will be at the top of the list if not a list of one.”