IMI plc is recommending a 2025 interim dividend of 11.0p per share (2024: 10.0p per share). Payment will be made on 22 September 2025 to shareholders on the register at the close of business on 15 August 2025.
Other financial highlights include:
One IMI operating model delivering continued growth
o 2% organic sales growth and 5% organic adjusted operating profit growth
o Statutory revenue 1% lower, largely due to foreign exchange
Automation revenue up 3% organically
o Another excellent performance in Process Automation
o Industrial Automation rebuilding momentum following cyber incident
Life Technology revenue down 1% organically
o Strong demand for energy-saving solutions in Climate Control
o Life Science & Fluid Control and Transport down, as expected, supportive order books for H2
Continued margin expansion, with adjusted operating margin 30bps higher than H1 2024
Commercial excellence and unique market-led approach to innovation driving growth
o £64m of Growth Hub orders in the first half, up 23%
o Process Automation aftermarket orders up 10% organically
Creating value through our disciplined approach to capital allocation
o Adjusted operating cash flow up 21%
o Free cash flow lower due to cyber incident and pension loan
o Net debt / adjusted EBITDA towards the midpoint of our 1x - 2x target range
