IMI continued on delivering encouraging results in H2, reflecting a solid result from its ongoing restructuring. FY19 was in line with our expectations, while the operating margin came in 3.9% above. Like many corporates, IMI was unable to quantify the ultimate impact of the Coronavirus outbreak on its supply chain and demand. We, however, appreciate the good progress delivered by the company.
28 Feb 2020
Solid margin improvement
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid margin improvement
IMI plc (IMI:LON) | 1,716 -51.5 (-0.2%) | Mkt Cap: 4,487m
- Published:
28 Feb 2020 -
Author:
Luis Pereira -
Pages:
3
IMI continued on delivering encouraging results in H2, reflecting a solid result from its ongoing restructuring. FY19 was in line with our expectations, while the operating margin came in 3.9% above. Like many corporates, IMI was unable to quantify the ultimate impact of the Coronavirus outbreak on its supply chain and demand. We, however, appreciate the good progress delivered by the company.