Trade IMI PLC - IMI CFD

IMI Company profile

About IMI plc

IMI plc is a United Kingdom-based engineering company. The Company is principally engaged in designing, manufacturing and serving engineered products that control the precise movement of fluids. The Company operates through IMI Critical Engineering, IMI precision engineering and IMI hydronic engineering segments. The IMI critical engineering segment provides flow control solutions that enable vital energy and process industries to operate competently. The IMI precision engineering segment specializes in developing motion and fluid control technologies for applications where precision, speed and reliability are essential. The IMI hydronic engineering segment is engaged in designing and manufacturing technologies that delivers heating and cooling systems to the residential and commercial building sectors. Its brands include Norgren, Buschjost, Herion, Kloehn, Maxseal, IMI Zikesch, IMI Fluid Kinetics, IMI InterAtiva, IMI Remosa, IMI Truflo Marine, IMI Pneumatex, IMI TA and IMI Heimeier.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, IMI plc revenues increased 2% to £1.87B. Net income increased 15% to £196.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Reversal of net economic hedge contract decrease from £1.5M (expense) to £6M (income), Interest income on bank deposits increase of 100% to £7.6M (income).

Equity composition

FY-04 is being restated for IFRS. 02/2014, 7-For-8 Reverse Stock Split.