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BUZZ-Electrocomponents: jumps on strong Q1

Reuters - UK Focus

** Electrocomponents (LSE: ECM.L - news) up 3.4 pct after Q1 trading update

** Co says Q1 LfL revenue growth remained strong at 10 pct

** Co continued to see good growth in the five regions it operates in, fastest growing region in quarter was Americas which saw LfL revenue growth accelerate to 13 pct

** Company says confident of delivering further strong progress in current financial year

** Jefferies says Q1 organic revenue growth of 10 pct ahead of its 8 pct estimate due to broad-based beat across several divisions

** Jefferies says consensus FY 2019 EPS estimates are likely to drift up by low single digits today

** Fourth-top gainer on FTSE midcap index