IMI PLC

IMI

Equity

ISIN GB00BGLP8L22 / Valor 23469622

LSE London Stock Exchange, SETS (2024-12-23)

GBP 18.23-0.33%

IMI PLC
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

IMI PLC is a global leader in supplying hydronic distribution systems, specializing in energy-efficient heating and cooling systems for residential and commercial sectors. As a specialist engineering company operating in fluid and motion control markets, IMI combines deep engineering knowledge with strong applications expertise to develop solutions for industry problems. The company's focus on helping customers become safer, more sustainable, and more productive underscores its commitment to delivering innovative solutions in the field of hydronic distribution systems.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

IMI PLC reported a revenue of £2,196 million for the year 2023. This figure is expected to increase to £2,217 million in 2024, indicating a positive growth trajectory for the company.

Operating Profit

The adjusted operating profit for IMI PLC in 2023 was £411 million. Projections for 2024 suggest an increase to £435 million, reflecting the company's focus on improving operational efficiency.

Earnings Per Share

In 2023, IMI PLC achieved an adjusted earnings per share (EPS) of 116.8 pence. The forecast for 2024 shows a rise to 122.7 pence, highlighting the company's commitment to delivering value to its shareholders.

Profitability Outlook

IMI PLC's financial outlook for 2024 indicates sustainable, profitable growth, with an expected increase in both revenue and adjusted operating profit. This aligns with the company's purpose-led strategy of breakthrough engineering for a better world.

Future Projections

Looking ahead to 2025, IMI PLC anticipates further growth with projected revenue of £2,306 million and an adjusted operating profit of £463 million. This continued upward trend underscores the company's strategic focus on delivering improved margins.

Summarized from source with an LLMView Source

Key figures

6.67%1Y

4.23%3Y

52.4%5Y

Performance

20.4%1Y

27.0%3Y

29.9%5Y

Volatility