Filter
Exclude
Time range
-
Near
#tradingfloorai | #IMI | #RecordProfits #RevenueGrowth #RevenueUp #ReductionInnetdebt #MarginIncreased #RevenueWasdown #SalesGrowth | IMI PLC, a global leader in fluid and motion control, released its preliminary results for the year ended December 31, 2024, highlighting record profits, strong organic growth, and robust cash generation. The company reported a 4% organic sales growth and a 10% increase in adjusted operating profit, supported by strong performances in Process Automation and Climate Control. IMIs adjusted operating margin improved to 19.7%, and the company expects further margin progression in 2025. The company also announced a £200 million share buyback program and a 10% increase in the final dividend. IMIs financial results demonstrate the success of its growth strategy and its ability to deliver sustainable, profitable growth. Read More@: tradingfloorai.com/^digest…

109