The IMI PLC Board is recommending a 2022 final dividend of 17.4p per share (2021: 15.8p per share), resulting in a proposed final dividend increase of 10%. Payment will be made on 12 May 2023 to shareholders on the register at the close of business on 11 April 2023.
Other financial highlights include:
§ 10% sales growth, 13% adjusted profit before tax growth
§ Adjusted earnings per share 15% higher than 2021
§ Adjusted operating margin up 80bps
§ Statutory operating margin up 120bps
§ Statutory profit before tax increased 17%
§ Resilient order book up 14%, order book in IMI Critical Engineering up 18%
§ £52m of Growth Hub orders, pipeline growing
§ Completed three strategic acquisitions in attractive growth markets
§ Record employee engagement scores, improved health & safety
