Organic Sales and Profit Growth
IMI delivered a 2% organic sales growth and a 5% organic adjusted operating profit growth in the first half of Fiscal Year 2025.
Improved Operating Margins
Adjusted operating margins increased by 30 basis points.
Successful Share Buyback Completion
The GBP 200 million share buyback announced in February was completed, with over GBP 1 billion returned to shareholders since 2019.
Interim Dividend Increase
The interim dividend was raised by 10%.
Process Automation and Aftermarket Growth
Process Automation had strong order intake, with aftermarket orders up 10% and organic revenue 8% higher than the prior period.
Climate Control Performance
Climate Control saw continued demand, with organic revenue 5% higher than the prior year.
Strong Free Cash Flow Expectation
IMI expects to deliver GBP 1 billion of free cash flow over the next 3 years.