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IMI Sees H2 Organic Rev Decline Similar To That In H1
IMI PLC Says HY Adj Rev From Cont Ops £910 Mln Vs. £915 Mln
IMI Expects H1 Organic Revenues Lower Than Same Period In 2018
IMI plc is a United Kingdom-based specialized engineering company. The Company is engaged in designing, manufacturing and servicing engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments. The IMI critical engineering segment provides flow control solutions that enable vital energy and process industries to operate competently. The IMI precision engineering segment specializes in developing motion and fluid control technologies for applications where precision, speed and reliability are essential. The IMI hydronic engineering segment is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors. Its brands include IMI Norgren, IMI Buschjost, IMI FAS, IMI Herion, IMI Maxseal, IMI Bopp & Reuther, IMI CCI, IMI Fluid Kinetics, IMI InterAtiva, IMI NH, IMI Remosa and IMI Orton.
Misc. Fabricated Products
4060 Lakeside, Solihull Parkway
Non-Executive Independent Chairman of the Board
Roy M. Twite
Chief Executive, Executive Director
Daniel J. Shook
Finance Director, Executive Director
Divisional Managing Director, IMI Precision Engineering
Group Human Resources Director
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Israeli defense electronics company Elbit Systems <ESLT.TA> <ESLT.O> reported higher quarterly profit on Thursday, driven by its acquisition of rival IMI, and said it would continue to target the U.S. market to help fuel growth.
Israeli defence electronics firm Elbit Systems reported higher quarterly profit, driven by its acquisition of rival IMI.
UK-based specialised engineering company IMI Plc reported higher full-year profit and revenue on Friday, driven by strong demand for services in the petrochemical industry and the European construction market.
UK-based specialised engineering company IMI Plc said on Friday it expects organic revenue in the first half of 2019 to be lower, hit by slowing demand in the industrial automation sector.
* RESULTS IN Q1 OF 2018 REFLECT A CONTINUATION OF IMPROVED TRADING EXPERIENCED ACROSS GROUP THROUGH 2017
* CLARIFIES ON NEWS ITEM REGARDING SUPREME COURT'S NOTICE TO CO ON CCI'S CHALLENGE
* CCI approves scheme of arrangement between co, Sequent Scientific Ltd & Solara Active Pharma Sciences
* Approves subscription by eBay Singapore of CCPS issued by Flipkart and acquisition of eBay India by Flipkart Source text: [@CCI_India approves subscription by eBay Singapore of CCPS issued by Flipkart and acquisition of eBay India by Flipkart] Further company coverage:
* CCI approves proposed sale of tower division of reliance infratel limited to brookfield infrastructure group
British engineering firm IMI Plc <IMI.L> said it expected organic revenue for the first half of 2017 to reflect a similar percentage reduction to the first half of the previous year, due to difficult market conditions.
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