IMI PLC Historical Financial Information (8437S)
November 09 2023 - 1:01AM
UK Regulatory
TIDMIMI
RNS Number : 8437S
IMI PLC
09 November 2023
9 November 2023
Historical financial information
Following the announcement of its new sector aligned operating
model in July 2023, IMI has today published historical pro-forma
financial information for 2022 and 2023 H1 reflecting the new
structure.
This historical pro-forma financial information is unaudited,
and reflects the following changes:
1. To build on the opportunities for growth, IMI has been
organised into an Automation platform and a Life Technology
platform. Sector focused teams will bring us even closer to our
customers and accelerate Better World growth.
Platform Sector Previous Name
Automation Process Automation IMI Critical Engineering
Industrial Automation IMI Precision Industrial
Automation
----------------------- ------------------------------
Life Technology Climate Control IMI Hydronic Engineering
Life Science & Fluid IMI Precision Fluid OEM
Control IMI Precision Transportation
Transport
----------------------- ------------------------------
2. The Rail business (2022 revenue: GBP37m) will be reported
within Industrial Automation, previously this was reported within
IMI Precision Transpor tation. Transport will now focus on the
Commercial Vehicle market.
3. Corporate costs have been allocated to Platform results and
will no longer be reported separately.
Pro-forma financial information reflecting 1, 2 and 3 above for
2022 and 2023 H1 is available on our corporate website at
https://www.imiplc.com/investors/results-and-presentations/year/2023
.
These changes have no impact on reported Group financial
information which remains unchanged.
Enquiries
Tel: +44 (0)7866 148
Luke Grant IMI 374
Matt Denham Headland Tel: +44 (0)7551 825
496
Notes
IMI plc is a specialist engineering company operating in fluid
and motion control markets. We combine our deep engineering
knowledge with strong applications expertise to develop solutions
for the most acute industry problems. We help our customers become
safer, more sustainable and more productive. IMI employs around
10,000 people, has manufacturing facilities in 19 countries and
operates a global service network. The Company is listed on the
London Stock Exchange and is a constituent of the FTSE4Good Index.
Further information is available at www.imiplc.com .
References to adjusted figures reflect figures as reported to
management and do not include the impact of adjusting items.
References to organic changes are on a constant currency basis and
exclude disposals and acquisitions.
IMI plc is registered in England No. 714275. Its legal entity
identifier ('LEI') number is 2138002W9Q21PF751R30.
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