IMI plc (OTCPK:IMIAF) Q2 2025 Earnings Conference Call August 1, 2025 3:00 AM ET
Company Participants
Dan Shook – Corporate Participant
Luke Robert Grant – CFO & Executive Director
Roy Michael Twite – CEO & Director
Conference Call Participants
Andrew Douglas – Jefferies LLC, Research Division
Christian Hinderaker – Goldman Sachs Group, Inc., Research Division
Harry Philips – Peel Hunt LLP, Research Division
Jonathan Hurn – Barclays Bank PLC, Research Division
Kulwinder Rajpal – Unidentified Company
Lushanthan Mahendrarajah – JPMorgan Chase & Co, Research Division
Mark Davies Jones – Stifel, Nicolaus & Company, Incorporated, Research Division
Richard Paul Paige – Deutsche Bank AG, Research Division
Roy Michael Twite
Good morning, everybody, and welcome to IMI’s 2025 Interim Results Presentation. I am joined here as usual, but sadly for the last time by Dan Shook. I’d also like to extend a very warm welcome to Luke Grant, who many of you already know and is joining the presentation for the very first time.
This slide covers the key messages in the presentation. and the first thing to say is that it was another good performance in the first half.
We delivered 2% organic sales growth and 5% organic adjusted operating profit growth. Adjusted operating margins were up another 30 basis points and we delivered an outstanding GBP 64 million of orders through our innovative Growth Hub.
And I would like to express a personal thank you to everyone across IMI for their hard work and dedication during the first half to deliver this performance amid the market uncertainty and to recover so quickly from the cyber incident reflects a tremendous effort from all of our people.
I’m also pleased to report that the GBP 200 million share buyback announced in February, is now complete and that we are once again raising the
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