IMI plc (IMI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to the IMI PLC Q3 Interim Management Statement. My name is Nadia, and I'll be coordinating the call today. If you would like to ask a question at the end of the presentation, please press star followed by one on your telephone keypad. I will now hand over to your host, Roy Twight, CEO to begin. Roy, please go ahead. Good morning, everybody, and welcome to IMI's third quarter trading update. I am joined here today by Luke, our CFO. It was another excellent performance from our team in the third quarter. Organic revenue was 12% higher than the same period last year and is now 5% higher year to date, demonstrating the continued success of our growth strategy and the strength of our One IMI operating model. We delivered an outstanding performance in process automation, supported by rising global energy demand and our focus on high-margin aftermarket orders, which are now up 7% organically year-to-date and were up 1% against a strong performance in the third quarter last year. The climate control, industrial automation and life science and fluid control market sectors all perform well. There is strong momentum across the business, and remain on track to deliver our fourth consecutive year of mid-single-digit organic revenue growth. And I am therefore pleased to reconfirm guidance. We continue to expect that full-year EPS will be between 129 pence and 136 pence. With that, I'm going to hand back to the operator who will manage the Q&A session. Thank you. Thank you. If you would like to ask a question, please press star, followed by 1 on your telephone keypad. If you would like to remove your question, please press star, followed by 2. When preparing to ask your question, please ensure your phone is unmuted locally. The first question goes to Ch...