Annuncio • May 16
IMI plc Announces Appointment of Jackie Callaway as Member of the Remuneration Committee, Effective May 15, 2026 IMI plc announced that Jackie Callaway has been appointed as a member of the Remuneration Committee with effect from May 15, 2026. Jackie joined the Board as a Non-Executive Director in 2023 and has served as Chair of the Audit Committee since September 1, 2024. She will continue in her existing Board and Committee roles. Buy Or Sell Opportunity • May 05
Now 21% overvalued Over the last 90 days, the stock has fallen 2.1% to UK£27.66. The fair value is estimated to be UK£22.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 3.7% per annum over the same time period. New Risk • Apr 26
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: UK£111k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Significant insider selling over the past 3 months (UK£111k sold). Buy Or Sell Opportunity • Apr 10
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.1% to UK£28.18. The fair value is estimated to be UK£23.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 4.3% per annum over the same time period. Recent Insider Transactions Derivative • Apr 07
CEO & Director exercised options and sold UK£1.4m worth of stock On the 31st of March, Roy Twite exercised options to acquire 52k shares at no cost and sold these for an average price of UK£25.99 per share. This trade did not impact their existing holding. For the year to December 2019, Roy's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Roy's direct individual holding has increased from 458.71k shares to 517.31k. Company insiders have collectively sold UK£1.3m more than they bought, via options and on-market transactions in the last 12 months. Annuncio • Apr 01
IMI plc, Annual General Meeting, May 12, 2026 IMI plc, Annual General Meeting, May 12, 2026. Location: the crowne plaza hotel, pendigo way, birmingham b40 1ps, marston green United Kingdom Upcoming Dividend • Mar 26
Upcoming dividend of UK£0.23 per share Eligible shareholders must have bought the stock before 02 April 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.1%). Declared Dividend • Mar 09
Final dividend increased to UK£0.23 Dividend of UK£0.23 is 10.0% higher than last year. Ex-date: 2nd April 2026 Payment date: 15th May 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 28%. Cash payout ratio: 26%. Reported Earnings • Mar 08
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: UK£1.24 (up from UK£0.96 in FY 2024). Revenue: UK£2.30b (up 4.3% from FY 2024). Net income: UK£309.9m (up 25% from FY 2024). Profit margin: 14% (up from 11% in FY 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 6.1%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Nov 26
Fairbanks Morse, LLC entered into an agreement to acquire Truflo Marine business of IMI plc for an enterprise value of £225 million. Fairbanks Morse, LLC entered into an agreement to acquire Truflo Marine business of IMI plc for an enterprise value of £225 million on November 24, 2025.
The transaction remains subject to certain regulatory and other approvals, with expected completion in mid-2026. Lazard, Inc. (NYSE:LAZ) acted as financial advisor to IMI plc (LSE:IMI). Price Target Changed • Nov 11
Price target increased by 7.2% to UK£26.72 Up from UK£24.91, the current price target is an average from 13 analysts. New target price is 7.0% above last closing price of UK£24.96. Stock is up 44% over the past year. The company is forecast to post earnings per share of UK£1.18 for next year compared to UK£0.96 last year. Annuncio • Nov 08
IMI plc Reconfirms Earnings Guidance for the Full Year 2025 IMI plc reconfirmed earnings guidance for the full year 2025. For the period, the company is on track to deliver fourth consecutive year of mid-single digit organic revenue growth in 2025. Annuncio • Nov 06
IMI plc to Report Fiscal Year 2025 Results on Mar 06, 2026 IMI plc announced that they will report fiscal year 2025 results on Mar 06, 2026 Board Change • Sep 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Executive Director Luke Grant was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Aug 04
First half dividend increased to UK£0.11 Dividend of UK£0.11 is 10.0% higher than last year. Ex-date: 14th August 2025 Payment date: 22nd September 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 53% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 03
First half 2025 earnings released: EPS: UK£0.46 (vs UK£0.48 in 1H 2024) First half 2025 results: EPS: UK£0.46 (down from UK£0.48 in 1H 2024). Revenue: UK£1.09b (flat on 1H 2024). Net income: UK£115.7m (down 7.7% from 1H 2024). Profit margin: 11% (in line with 1H 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Aug 01
Imi plc Recommends Interim Dividend for Year 2025, Payable on 22 September 2025 IMI plc recommending a 2025 interim dividend of 11.0 pence per share (2024: 10.0 pence per share). Payment will be made on 22 September 2025 to shareholders on the register at the close of business on 15 August 2025. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Executive Director Luke Grant was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • Jun 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.0% to UK£19.86. The fair value is estimated to be UK£24.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 3.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period. Annuncio • May 10
IMI plc Reconfirms Earnings Guidance for the Full Year 2025 IMI plc reconfirmed earnings guidance for the full year 2025. The company expected to deliver another year of mid-single digit organic revenue growth in 2025. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to UK£16.06, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 16x in the Machinery industry in the United Kingdom. Total returns to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£25.81 per share. Reported Earnings • Mar 31
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.96 (up from UK£0.92 in FY 2023). Revenue: UK£2.21b (flat on FY 2023). Net income: UK£248.5m (up 4.7% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Upcoming Dividend • Mar 27
Upcoming dividend of UK£0.21 per share Eligible shareholders must have bought the stock before 03 April 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.3%). Buy Or Sell Opportunity • Mar 19
Now 21% undervalued Over the last 90 days, the stock has risen 10% to UK£20.04. The fair value is estimated to be UK£25.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 4.1% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Recent Insider Transactions Derivative • Mar 17
CEO & Director exercised options and sold UK£966k worth of stock On the 13th of March, Roy Twite exercised options to acquire 49k shares at no cost and sold these for an average price of UK£19.62 per share. This trade did not impact their existing holding. For the year to December 2018, Roy's total compensation was 18% salary and 82% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Roy's direct individual holding has increased from 401.31k shares to 403.14k. Company insiders have collectively sold UK£5.0m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Mar 03
Final dividend increased to UK£0.21 Dividend of UK£0.21 is 9.9% higher than last year. Ex-date: 3rd April 2025 Payment date: 16th May 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 28
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: UK£0.96 (up from UK£0.92 in FY 2023). Revenue: UK£2.21b (flat on FY 2023). Net income: UK£248.5m (up 4.7% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.1%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 24
Now 21% undervalued Over the last 90 days, the stock has risen 8.4% to UK£18.92. The fair value is estimated to be UK£23.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 7.4% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jan 27
Now 21% undervalued Over the last 90 days, the stock has risen 13% to UK£19.37. The fair value is estimated to be UK£24.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 12%. Revenue is forecast to grow by 7.3% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Annuncio • Nov 13
IMI plc to Report First Half, 2025 Results on Aug 01, 2025 IMI plc announced that they will report first half, 2025 results on Aug 01, 2025 Annuncio • Nov 07
IMI plc to Report Fiscal Year 2024 Results on Feb 28, 2025 IMI plc announced that they will report fiscal year 2024 results on Feb 28, 2025 Annuncio • Nov 01
IMI plc (LSE:IMI) acquired Twtg Group B.V. for €25 million. IMI plc (LSE:IMI) acquired Twtg Group B.V. for €25 million on October 31, 2024. A cash consideration of €25 million will be paid by IMI plc. As part of consideration, €25 million is paid towards common equity of Twtg Group B.V. The transaction has been funded from IMI's existing facilities.
IMI plc (LSE:IMI) completed the acquisition of Twtg Group B.V. for €25 million on October 31, 2024. Annuncio • Oct 25
IMI plc Announces Board Changes, Effective 28 October 2024 IMI plc announced that following a review of the Board and its Committees, and given his appointment as Chair of the Sustainability Committee, Thomas Thune Andersen will step down from his role as Senior Independent Director with effect from 28 October 2024. The company also announced the appointment of Anne Thorburn as Senior Independent Director from this date. Anne joined the Board on 1 August 2024 as a Non-Executive Director and is a member of the Audit and the Nomination Committees. Annuncio • Oct 16
IMI plc Announces Directorate Change IMI plc announced that following the establishment of the Board Sustainability Committee, the Board has reviewed its committee membership. It has been agreed that Ajai Puri will step down from the Audit Committee with immediate effect to focus on his roles as a member of the Sustainability, Nomination and Remuneration Committees. The company also announces that, in order to focus on her other Non-Executive Director commitments, Caroline Dowling has informed the Board of her intention to step down as Non-Executive Director of the Company at the forthcoming AGM in May. Caroline will remain Remuneration Committee Chair until she steps down. The announcement of a successor will be made in due course. Annuncio • Sep 03
IMI plc Announces Establishment of Sustainability Committee IMI Plc announced that it has established a Sustainability Committee of the Board with effect from 2 September 2024. The Sustainability Committee has been constituted to oversee the execution of the Company's sustainability strategy, to monitor the communication of the Company's sustainability activities with its stakeholders and to provide input to the Board and other Board Committees on sustainability matters. The members of the Sustainability Committee, all of whom are Non-executive directors of the Company, are Thomas Thune Andersen (Chair of the Committee), Dr. Ajai Puri and Victoria Hull. The establishment of the Sustainability Committee is a natural evolution of the Company's previous governance arrangement of having a Non-executive director with designated responsibility for ESG matters. Annuncio • Jul 30
IMI plc (LSE:IMI) commences an Equity Buyback Plan for 26,146,669 shares, representing 10% of its issued share capital, under the authorization approved on May 9, 2024. IMI plc (LSE:IMI) commences share repurchases on July 29, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 9, 2024. As per the mandate, the company is authorized to repurchase up to 26,146,669 shares, representing 10% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is 28 4/7p per ordinary share and maximum price which may be paid for each ordinary share is the higher an amount equal to 105% of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List of the UK Listing Authority for the five business days immediately preceding the day on which the ordinary share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade of an ordinary share and the current highest independent bid for an ordinary share as derived from the London Stock Exchange Trading System. The shares will be held in treasury which may subsequently be cancelled, sold for cash or used to satisfy share options and share awards under employee share schemes. The authority shall expire at the conclusion of the next Annual General Meeting of the company or, if earlier, at the close of business on July 1, 2025 . As of March 18, 2024, the company had 275,115,528 ordinary shares in issue and 13,648,836 ordinary shares in treasury.
On July 26, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to £100 million worth of it shares. Repurchases will be made during the period starting on July 29, 2024 and ending no later than December 31, 2024. Shares purchased will be cancelled. the purpose of the program is to reduce the capital of the company.
On July 26, 2024, the company announces a share repurchase program. Under the first tranche of the program, the Company has entered into an agreement with Merrill Lynch International ("BofA Securities") to manage the first £50 million tranche of the program. Declared Dividend • Jul 29
First half dividend increased to UK£0.10 Dividend of UK£0.10 is 9.9% higher than last year. Ex-date: 8th August 2024 Payment date: 16th September 2024 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 28
First half 2024 earnings released: EPS: UK£0.48 (vs UK£0.42 in 1H 2023) First half 2024 results: EPS: UK£0.48 (up from UK£0.42 in 1H 2023). Revenue: UK£1.10b (up 1.3% from 1H 2023). Net income: UK£125.3m (up 15% from 1H 2023). Profit margin: 11% (up from 10% in 1H 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.