Company
IMI
LON:IMI
IMI is a dynamic, worldwide company delivering innovative engineering solutions to leading global customers in clearly defined niche markets.
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IMI turns up dial on earnings guidance and buys smart-thermostat specialist
Organic revenue growth in the past quarter accelerated to 4% compared to 3% at the half-year stage
IMI to acquire Germany's Bahr Modultechnik for £83mln
Bahr is majority owned by IK Partners and will be part of IMI Precision Engineering's industrial automation unit, providing IMI with pneumatic and electric linear motion systems
Live Company experiences boost as two new contracts signed
A look at some of the major movers in London on Friday
IMI splashes out £200mln on life sciences sector addition
The acquisition is intended to be earnings accretive while delivering a financial return in excess of IMI’s capital cost by the third year, the company said.
IMI shares at all-time highs but HSBC sees 20% more upside as growth improves
The engineer’s better than expected growth in the past year suggests its new initiatives are delivering the growth that has “been missing from the story for at least a decade”, analysts said
IMI performance is 'something of a landmark', says JPMorgan
Could this latest update from the engineer, as one set of analysts suggested, change how investors think about the stock?
Dividends back rising again as Covid-19 restrictions ease
With the banks allowed to pay out again, Link has raised its worst-case estimate
IMI gets another upgrade as Credit Suisse sees further upside
As long as management continue delivering against expectations this will be “an important foundation from which the stock can re-rate”
IMI upped to buy as Liberum eyes margin expansion following restructuring
The broker also said they expected the engineering firm's earnings to "greatly improve" as a result of structural cost savings and pricing improvements
IMI upped to overweight as JP Morgan says investment case compelling following challenging period
The bank said while it is “impossible to ignore the disappointing share price and headline financials” for the FTSE 250 engineering group, there has been some mitigation and there were now “indicators of potential upside for the coming year
IMI says third quarter trading somewhat better than expected following ventilator demand surge
The engineering group said it now estimates the one-off full year benefit from the jump in ventilator demand will now be £85mln compared to a previous estimate of £70mln