IMI plc (IMI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to IMI's 2025 full year results presentation. I am joined here today by our CFO, Luke Grant. Together we will take you through another year of strong strategic and financial progress. And I would like to begin by thanking all of our people for their tremendous contribution. The execution of our growth strategy is creating significant value for shareholders and it was another strong performance in 2025. We have now delivered five consecutive years of mid single digit organic revenue growth and supported by the delivery of our financial framework, we are compounding earnings growth. We delivered 5% organic sales growth and 8% organic adjusted operating profit in 2025 and achieved a 20% operating margin for the first time. It was another year of strong cash generation and we are committed to deploying this capital for growth and to enhance shareholder returns. Organic investment is at record levels and I am pleased to be announcing a £500 million share buyback alongside a proposed 10% increase to the final dividend. We expect to deliver our sixth consecutive year of mid-single digit organic growth in 2026. And based on current market conditions, fully adjusted basic EPS is expected to be between 136 pence and 142 pence. IMI has been fundamentally transformed since our growth strategy was launched in 2019. With our world-class engineering expertise and our relentless focus on commercial excellence, we are well placed to address our customers needs for bespoke high value add fluid and motion control systems supported by three long-term mega trends energy automation and healthcare and our focus on the attractive aftermarket we are compounding eps growth Thank you Roy and good morning. I'm pleased to be able to take you through our 2025 per...