Business
Half Yearly Report
Half Yearly Report.
About this update from Imi Plc
[{"type":"text","content":"\n \nRNS Number : 9641N IMI PLC 01 August 2014 \n \n\nFor a printer friendly copy of this announcement please click on the link below to open a PDF version of this announcement: \n \nhttp://www.rns-pdf.londonstockexchange.com/rns/9641N_-2014-7-31.pdf \n \n1 August 2014 \nInterim results, six months ended 30 June 2014\n\n\n\n\n\n\n\nAdjusted1\n\n\n\n\n\nStatutory\n\n\n\n\nContinuing operations:\n\n\n2014 H1\n\n\n2013 H1\n(Restated)\n\n\nChange\n\n\n\n\n\n2014 H1\n\n\n2013 H1\n(Restated)\n\n\nChange\n\n\n\n\nRevenue2\n\n\n£809m\n\n\n£831m\n\n\n-3%\n\n\n\n\n\n£808m\n\n\n£832m\n\n\n-3%\n\n\n\n\nOperating profit2\n\n\n£137m\n\n\n£146m\n\n\n-6%\n\n\n\n\n\n£113m\n\n\n£129m\n\n\n-12%\n\n\n\n\nOperating margin2\n\n\n17.0%\n\n\n17.6%\n\n\n-60bps\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProfit before tax\n\n\n£127m\n\n\n£134m\n\n\n-5%\n\n\n\n\n\n£106m\n\n\n£117m\n\n\n-9%\n\n\n\n\nTotal profit3\n\n\n£99m\n\n\n£103m\n\n\n-4%\n\n\n\n\n\n£562m\n\n\n£113m\n\n\n+397%\n\n\n\n\nBasic EPS3\n\n\n34.9p\n\n\n31.8p\n\n\n+10%\n\n\n\n\n\n200.6p\n\n\n34.9p\n\n\n+475%\n\n\n\n\nDividend per share\n\n\n13.6p\n\n\n12.8p\n\n\n+6%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nOperating cash flow\n\n\n£98m\n\n\n£124m\n\n\n-21%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet debt\n\n\n£232m\n\n\n£212m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n\n\n1 Excluding the effect of items reported as exceptional in the Income Statement.\n2 Adjusted amounts as per segmental information - note 2 to the financial statements.\n3 Statutory amounts for Total profit and Basic EPS include both continuing and discontinued operations. \n \n\n\n\n\n \nHighlights\n· Organic revenue growth of 3%\n· Strong sterling adversely impacted revenue by £45m and operating profit by £7m\n· Exceptional...