Buy Or Sell Opportunity • Jun 16
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 10.0% to UK£29.32. The fair value is estimated to be UK£24.34, 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 3.4% per annum. Earnings are also forecast to grow by 4.5% per annum over the same time period. Board Change • May 20
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. Duyuru • 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. Duyuru • 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 Duyuru • 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). Duyuru • 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. Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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 Duyuru • 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 Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Duyuru • 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. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Non-Executive Director Jackie Callaway was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Mar 29
IMI plc, Annual General Meeting, May 09, 2024 IMI plc, Annual General Meeting, May 09, 2024, at 09:00 Coordinated Universal Time. Location: Crowne Plaza Hotel, Pendigo Way, Marston Green Birmingham United Kingdom Upcoming Dividend • Mar 28
Upcoming dividend of UK£0.19 per share Eligible shareholders must have bought the stock before 04 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (2.1%). Declared Dividend • Mar 05
Final dividend increased to UK£0.19 Dividend of UK£0.19 is 10% higher than last year. Ex-date: 4th April 2024 Payment date: 17th May 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 (31% earnings payout ratio) and cash flows (26% 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 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 03
Full year 2023 earnings released: EPS: UK£0.92 (vs UK£0.88 in FY 2022) Full year 2023 results: EPS: UK£0.92 (up from UK£0.88 in FY 2022). Revenue: UK£2.20b (up 7.2% from FY 2022). Net income: UK£237.3m (up 4.9% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 3.7% 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 14% per year whereas the company’s share price has increased by 10% per year. Duyuru • Mar 01
IMI plc Recommends Final Dividend for 2023, Payable on 17 May 2024 The Board of IMI plc is recommending a 2023 final dividend of 19.2 pence per share (2022: 17.4 pence per share). Payment will be made on 17 May 2024 to shareholders on the register at the close of business on 5 April 2024. Duyuru • Feb 29
IMI plc Announces Board Changes IMI plc announced that Isobel Sharp has informed the Board that, subject to re-election at 2024 AGM, she will retire from the Board and her role as Audit Committee Chair on 31 August 2024 having completed nine years on the Board. Isobel joined the IMI Board in August 2015. Jackie Callaway, non-executive director and existing member of the Audit Committee, will assume the role of Audit Committee Chair with effect from 1 September 2024. Jackie is a qualified accountant with over 30 years' experience working in finance across multinational manufacturing and supply chain businesses. She is currently Chief Financial Officer at Coats Group plc, the world's leading industrial thread and global footwear component manufacturer. IMI also announced that Daniel Shook, Chief Financial Officer, will assume executive responsibility for sustainability matters with effect from 4 March 2024. There are no other changes to his roles and responsibilities. Duyuru • Nov 23
IMI plc to Report First Half, 2024 Results on Jul 26, 2024 IMI plc announced that they will report first half, 2024 results on Jul 26, 2024 Duyuru • Nov 10
IMI plc to Report Fiscal Year 2023 Results on Mar 01, 2024 IMI plc announced that they will report fiscal year 2023 results on Mar 01, 2024 Upcoming Dividend • Aug 03
Upcoming dividend of UK£0.091 per share at 1.7% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (2.5%). Reported Earnings • Jul 29
First half 2023 earnings released: EPS: UK£0.42 (vs UK£0.37 in 1H 2022) First half 2023 results: EPS: UK£0.42 (up from UK£0.37 in 1H 2022). Revenue: UK£1.08b (up 12% from 1H 2022). Net income: UK£109.3m (up 16% from 1H 2022). Profit margin: 10% (in line with 1H 2022). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year. Duyuru • May 23
Imi plc Appoints Jackie Callaway as A Non-Executive Director and Member of the Nomination and Audit Committees with Effect from 1 July 2023 IMI plc announced the appointment of Jackie Callaway as a non-executive director and member of the Nomination and Audit Committees with effect from 1 July 2023. Jackie is a qualified accountant with over 30 years' experience working in finance across multinational manufacturing and supply chain businesses. She is currently Chief Financial Officer at Coats Group plc, the world's leading industrial thread and global footwear component manufacturer, and was previously Chief Financial Officer at Devro plc. Duyuru • May 05
IMI plc Provides Earnings Guidance for the Full Year 2023 IMI plc provides earnings guidance for the full year 2023. The company is upgrading the EPS guidance for the full year to 112 pence to 117 pence. The company expects organic revenue will be broadly in line with 2022, with margins higher than 2022. Duyuru • May 04
IMI plc to Report Q2, 2023 Results on Jul 28, 2023 IMI plc announced that they will report Q2, 2023 results on Jul 28, 2023 Upcoming Dividend • Mar 30
Upcoming dividend of UK£0.17 per share at 1.7% yield Eligible shareholders must have bought the stock before 06 April 2023. Payment date: 12 May 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.6%). Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: UK£0.88 (vs UK£0.73 in FY 2021) Full year 2022 results: EPS: UK£0.88 (up from UK£0.73 in FY 2021). Revenue: UK£2.05b (up 9.8% from FY 2021). Net income: UK£226.3m (up 15% from FY 2021). Profit margin: 11% (in line with FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Ajai Puri was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 04
Upcoming dividend of UK£0.083 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.1%). In line with average of industry peers (2.0%). Reported Earnings • Jul 30
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£84.7m from profit in 1H 2021). Profit margin: (down from 9.3% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 6.4%, compared to a 12% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Upcoming Dividend • Mar 31
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (4.7%). In line with average of industry peers (1.8%). Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: UK£0.73 (vs UK£0.63 in FY 2020) Full year 2021 results: EPS: UK£0.73 (up from UK£0.63 in FY 2020). Revenue: UK£1.87b (up 2.2% from FY 2020). Net income: UK£196.3m (up 15% from FY 2020). Profit margin: 11% (up from 9.3% in FY 2020). Over the next year, revenue is forecast to grow 7.1%, compared to a 12% growth forecast for the 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 14% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Mar 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be UK£18.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.3% per annum over the last 3 years. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: UK£0.73 (up from UK£0.63 in FY 2020). Revenue: UK£1.87b (up 2.2% from FY 2020). Net income: UK£196.3m (up 15% from FY 2020). Profit margin: 11% (up from 9.3% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 7.5%, compared to a 9.1% growth forecast for the 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 17% per year, which means it is tracking significantly ahead of earnings growth. Executive Departure • Sep 03
Executive Officer John O'Shea has left the company On the 31st of August, John O'Shea's tenure as Executive Officer ended after less than a year in the role. We don't have any record of a personal shareholding under John's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.50 years. Executive Departure • Sep 03
Senior Independent Non-Executive Director Edmund Moriz Forster has left the company On the 31st of August, Edmund Moriz Forster's tenure as Senior Independent Non-Executive Director ended after 3.7 years in the role. As of June 2021, Edmund Moriz still personally held 2.63k shares (UK£45k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.50 years. Upcoming Dividend • Aug 05
Upcoming dividend of UK£0.079 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 17 September 2021. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (3.9%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 01
First half 2021 earnings released: EPS UK£0.31 (vs UK£0.27 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£907.0m (up 4.6% from 1H 2020). Net income: UK£84.7m (up 14% from 1H 2020). Profit margin: 9.3% (up from 8.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS UK£0.63 (vs UK£0.57 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: UK£1.83b (down 2.6% from FY 2019). Net income: UK£170.2m (up 11% from FY 2019). Profit margin: 9.3% (up from 8.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Mar 26
Upcoming dividend of UK£0.15 per share Eligible shareholders must have bought the stock before 01 April 2021. Payment date: 14 May 2021. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (4.4%). In line with average of industry peers (1.7%). Recent Insider Transactions • Mar 20
Finance Director & Director recently sold UK£392k worth of stock On the 18th of March, Daniel Shook sold around 30k shares on-market at roughly UK£13.18 per share. This was the largest sale by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS UK£0.63 (vs UK£0.57 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: UK£1.83b (down 2.6% from FY 2019). Net income: UK£170.2m (up 11% from FY 2019). Profit margin: 9.3% (up from 8.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue beats expectations Revenue exceeded analyst estimates by 1.9%. Over the next year, revenue is expected to shrink by 1.5% compared to a 4.1% decline forecast for the Machinery industry in the United Kingdom. Is New 90 Day High Low • Feb 08
New 90-day high: UK£13.22 The company is up 20% from its price of UK£11.01 on 10 November 2020. The British market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£13.93 per share. Is New 90 Day High Low • Jan 14
New 90-day high: UK£13.01 The company is up 18% from its price of UK£11.01 on 15 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£10.86 per share. Is New 90 Day High Low • Dec 29
New 90-day high: UK£12.23 The company is up 17% from its price of UK£10.47 on 30 September 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£10.49 per share. Is New 90 Day High Low • Dec 10
New 90-day high: UK£11.92 The company is up 10.0% from its price of UK£10.81 on 11 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£8.52 per share. 
