Business
Interim results, six months ended 30 June 2020
Interim results, six months ended 30 June 2020.
About this update from Imi Plc
[{"type":"text","content":"\n \n \n RNS Number : 9484T\n IMI PLC\n 24 July 2020\n \n \n \n \n −24 July 2020\n \n A resilient performance in exceptional times\n \n \n Dividend payment & guidance reinstated\n \n \n Interim results, six months ended 30 June 2020\n \n \n \n \n \n \n \n \n \n Adjusted1\n \n \n \n \n Statutory\n \n \n \n \n \n \n Continuing operations:\n \n \n \n \n 2020 H15\n \n \n \n \n 2019 H1\n \n \n \n \n Change\n \n \n \n \n Organic5\n \n \n \n \n 2020 H1\n \n \n \n \n 2019 H1\n \n \n \n \n Change\n \n \n \n \n \n \n Revenue\n \n \n \n \n £867m\n \n \n \n \n £910m\n \n \n \n \n -5%\n \n \n \n \n -6%\n \n \n \n \n £867m\n \n \n \n \n £910m\n \n \n \n \n -5%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n £121m\n \n \n \n \n £118m\n \n \n \n \n +3%\n \n \n \n \n 0%\n \n \n \n \n £102m\n \n \n \n \n £101m\n \n \n \n \n +1%\n \n \n \n \n \n \n Operating margin\n \n \n \n \n 14.0%\n \n \n \n \n 13.0%\n \n \n \n \n +100bps\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Profit before tax\n \n \n \n \n £116m\n \n \n \n \n £110m\n \n \n \n \n +5%\n \n \n \n \n \n \n \n £94m\n \n \n \n \n £93m\n \n \n \n \n +1%\n \n \n \n \n \n \n Basic EPS2\n \n \n \n \n 33.6p\n \n \n \n \n 32.1p\n \n \n \n \n +5%\n \n \n \n \n \n \n \n 27.3p\n \n \n \n \n 28.4p\n \n \n \n \n -4%\n \n \n \n \n \n \n Operating cash flow3\n \n \n \n \n £107m\n \n \n \n \n £101m\n \n \n \n \n +6%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Interim dividend per share4\n \n \n \n \n 7.5p\n \n \n \n \n 14.9p\n \n \n \n \n -50%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Net debt\n \n \n \n \n £420m\n \n \n \n \n £516m\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 1 Excluding the effect of adjusting items as reported in the income statement.\n \n \n \n \n 2 Statutory amounts for Basic EPS include both continuing and discontinued operations.\n \n \n \n \n 3 Operating cash flow, as described in note 11 to the financial statements.\n \n \n \n \n 4 In addition to the interim 2020 dividend per share of 7.5p, the final 2019 dividend per share of 26.2p has also been reinstated (see note 7).\n \n \n \n \n 5\n \n \n \n \n \n After adjusting for exchange rates and excluding the impact o...