Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Latest Share Chat

IMI Share News (IMI)

IMI Information

Buy IMI Shares
Add IMI to Watchlist
Add IMI to Alert

Share Price Information for IMI (IMI)

London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 1,764.00

Bid: 1,769.00

Ask: 1,771.00

Change: -19.00 (-1.07%)

Spread: 2.00 (0.113%)

Open: 1,794.00

High: 1,796.00

Low: 1,763.00

Prev. Close: 1,783.00

IMI Live Price

Last checked at -

IMI Q1 revenues rise 4%; FY guidance held

Thu, 09th May 2024 07:15

(Sharecast News) - Specialist engineering firm IMI on Thursday said trading remained in line with expectations as first-quarter revenue rose 4% year on year.

Adjusted revenue was flat, reflecting the foreign currency movements seen in the first quarter, the company added in a trading update.

"Our restructuring programme remains on track to deliver £15m of incremental benefits for the full year and £7m in 2025, with no changes to expected delivery costs," said chief executive Roy Twite.

Based on current market conditions, our guidance for 2024 full year adjusted EPS is unchanged at 120p to 126p.

Reporting by Frank Prenesti for Sharecast.com

More News

24 Jul 2020 10:47

IMI Brings Back Dividends As Interim Profit Improves On Cost Cutting

IMI Brings Back Dividends As Interim Profit Improves On Cost Cutting

24 Jul 2020 07:56

IMI interims boosted by demand for ventilator parts

(Sharecast News) - Engineer IMI posted a rise in interim profit on Friday, thanks in part to a temporary surge in demand for ventilator parts due to the coronavirus pandemic, and said it was reinstating its full-year dividend.

17 Jul 2020 16:01

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

14 Jul 2020 13:31

Monday broker round-up

(Sharecast News) - Rotork: RBC Capital Markets downgrades to underperform with a target price of 275.0p.

14 Jul 2020 09:49

UK BROKER RATINGS SUMMARY: RBC Upgrades IMI And Downgrades Rotork

UK BROKER RATINGS SUMMARY: RBC Upgrades IMI And Downgrades Rotork

14 Jul 2020 08:03

LONDON BRIEFING: UK Economic Recovery Shows Lack Of 'V'-erve In May

LONDON BRIEFING: UK Economic Recovery Shows Lack Of 'V'-erve In May

7 Jul 2020 09:45

UK BROKER RATINGS SUMMARY: Morgan Stanley Raises Hikma To Overweight

UK BROKER RATINGS SUMMARY: Morgan Stanley Raises Hikma To Overweight

6 Jul 2020 09:15

UK BROKER RATINGS SUMMARY: Credit Suisse Downgrades BHP To Neutral

UK BROKER RATINGS SUMMARY: Credit Suisse Downgrades BHP To Neutral

3 Jul 2020 13:15

Friday broker round-up

(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.

3 Jul 2020 09:40

UK BROKER RATINGS SUMMARY: Goldman Lowers Ratings On AB Foods And Next

UK BROKER RATINGS SUMMARY: Goldman Lowers Ratings On AB Foods And Next

12 May 2020 09:42

UK BROKER RATINGS SUMMARY: Morgan Stanley Weighs In On UK Retailers

UK BROKER RATINGS SUMMARY: Morgan Stanley Weighs In On UK Retailers

11 May 2020 13:48

Monday broker round-up

(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.

11 May 2020 09:33

UK BROKER RATINGS SUMMARY: Goldman Sachs Cuts Next To Neutral From Buy

UK BROKER RATINGS SUMMARY: Goldman Sachs Cuts Next To Neutral From Buy

7 May 2020 11:59

IMI Sees Moderate Disruption From Virus, April Sales Down 9%

IMI Sees Moderate Disruption From Virus, April Sales Down 9%

7 May 2020 09:39

IMI pulls guidance as April sees 'marked' hit from Covid-19

(Sharecast News) - Engineering group IMI pulled full year guidance and said the coronavirus pandemic had made a "more marked impact" on April trading as lockdowns took their toll.