Jul 26, 2024 / 07:00AM GMT
Roy Twite - IMI PLC - Chief Executive, Executive Director
Good morning everyone and welcome to IMI's 2024 Interim Results Presentation. I'm joined here as usual by Dan Shook, our CFO. Before I start, I would like to let you know that after nearly 10 years with IMI, Dan Shook, Group CFO, has decided to step down from the IMI Board in 2025.
I got to say that Dan has been an absolutely fantastic partner to me. Particularly over the last five years, there's a genuine CEO and CFO partnership. I would certainly miss that one eventually tells you that now. But between now and then, there will be many opportunities for me to thank him for his incredible contributions to IMI.
We'll obviously now start a process to find his successor. This slide covers the key messages in the presentation. The first thing to say is that the first half performance was completely in line with expectations. We delivered 5% organic sales growth and 6% organic adjusted operating profit growth. The adjusted operating margin was up another 10 basis points.
Our complexity reduction program delivers GBP4 million
Half Year 2024 IMI PLC Earnings Call Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot