The IMI Plc Board is recommending a 2023 final dividend of 19.2p per share (2022: 17.4p per share). Payment will be made on 17 May 2024 to shareholders on the register at the close of business on 5 April 2024.
Other financial highlights include:
7% sales growth, 12% adjusted profit before tax growth
Adjusted basic earnings per share 11% higher than 2022
Complexity reduction programme delivered £20m of incremental benefits
Adjusted operating margin up 90bps to 18.7%
Statutory profit before tax increased by 6%
Significant growth in operating cash flow to £366m
Return on invested capital increased to 13.1%
Record Process Automation order book provides momentum into 2024
Unified IMI under one brand
