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IMI PLC (IMI.L)

IMI.L on London Stock Exchange

1,126.00GBp
1:20pm BST
Change (% chg)

-20.00 (-1.75%)
Prev Close
1,146.00
Open
1,146.00
Day's High
1,149.00
Day's Low
1,125.32
Volume
124,812
Avg. Vol
1,128,591
52-wk High
1,453.00
52-wk Low
1,004.00

Latest Key Developments (Source: Significant Developments)

IMI Names Dan Romeo As New CFO
Monday, 25 Jun 2018 

June 25 (Reuters) - IMI PLC ::IMI NAMES DAN ROMEO NEW CFO.HAS NAMED DAN ROMEO ITS NEW CFO.  Full Article

IMI Says Q1 2018 Reflect Continuation Of Improved Trading Experienced Across Group Through 2017
Thursday, 3 May 2018 

May 3 (Reuters) - IMI PLC ::RESULTS IN Q1 OF 2018 REFLECT A CONTINUATION OF IMPROVED TRADING EXPERIENCED ACROSS GROUP THROUGH 2017.CURRENT TRADING REMAINS CONSISTENT WITH MARKET CONSENSUS EXPECTATIONS FOR YEAR.EXCLUDING IMPACT OF ACQUISITIONS, DISPOSALS AND EXCHANGE RATE MOVEMENTS, ORGANIC REVENUES FOR THREE MONTHS TO END OF MARCH WERE 2% HIGHER YOY.SAYS PRECISION ENGINEERING ORGANIC REVENUES IN THREE MONTHS TO END OF MARCH WERE 8% HIGHER THAN LAST YEAR.ON AN ADJUSTED BASIS, Q1 REVENUES WERE 3% HIGHER.CONTINUE TO EXPECT ORGANIC REVENUES IN FIRST HALF OF 2018 TO BE HIGHER THAN FIRST HALF OF 2017.RESULTS FOR FULL YEAR ARE EXPECTED TO REFLECT NORMAL TRADING SEASONALITY.SEES MODEST YEAR-ON-YEAR IMPROVEMENT IN MARGINS IN H1 2018.Q1 HYDRONIC ENGINEERING REVENUES WERE 4% LOWER ON BOTH AN ORGANIC AND ADJUSTED BASIS, WHEN COMPARED TO SAME PERIOD IN 2017.CRITICAL ENGINEERING ORGANIC REVENUES IN THREE MONTHS TO END OF MARCH WERE 4% LOWER, AND ON AN ADJUSTED BASIS WERE 7% LOWER.2018 FINANCIAL RESULTS WILL BE IMPACTED BY RELATIVE STRENGTH OF STERLING AGAINST EURO AND US DOLLAR.  Full Article

IMI To Acquire Bimba Manufacturing Company For $198 Million​
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Imi Plc ::‍AGREES TO ACQUIRE BIMBA MANUFACTURING COMPANY FOR US$198 MILLION​.DEAL WILL BE EARNINGS ENHANCING IN FIRST FULL YEAR OF OWNERSHIP WITH RETURN ON CAPITAL EXCEEDING IMI'S COST OF CAPITAL WITHIN FIRST 3 YEARS​.‍CONSIDERATION FOR TRANSACTION WILL BE US$198 MILLION (£148 MILLION 1 ) PAYABLE IN CASH ON COMPLETION FROM EXISTING BANK FACILITIES​.  Full Article

Ex-divs to take 39 points off FTSE 100 on Aug 9

LONDON, Aug 6 The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 39.04 points off the index. COMPANY (RIC) DIVIDEND STOCK OPTION IMPACT (pence) Astrazeneca