[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Imi Plc LSE:IMI London Ordinary Share GB00BGLP8L22 ORD 28 4/7P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  23.00 1.27% 1,841.00 1,841.00 1,842.00 1,857.00 1,820.00 1,857.00 298,624 14:34:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 1,825.0 214.3 62.7 29.4 5,012

Imi Share Discussion Threads

Showing 401 to 423 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
30/10/2012
11:27
ADVFN seem to be having trouble with their RNS feed. That one is not on the list.
deanforester
30/10/2012
09:12
30 October 2012 IMI plc New nuclear joint venture in China Further to our announcement in December 2010, IMI, the global engineering group, is pleased to announce that it has signed an agreement for a new joint venture in China with Shanghai Automation Instrumentation Company Co., Ltd.("SAIC") to supply control valves into the nuclear power market. SAIC are industry leaders in controls and instrumentation technology and are already important suppliers to the Chinese nuclear industry. The nuclear power market in China is the fastest growing in the world with 15 operational reactors, 27 under construction and more expected to start construction in the near future. These planned new reactors are expected to increase China's nuclear capacity to 67 gigawatts by 2020 and significantly higher thereafter. The new company will produce control valves for critical applications for these new nuclear power generation plants in a new valve production facility which will be established on Chong Ming Island of Shanghai. Completion is subject to regulatory clearances and is expected to take place within 6 months. Roy Twite, Executive Director, IMI plc, said: "We are very pleased to have signed this agreement with SAIC. This is a very exciting opportunity for IMI. China is investing heavily in new nuclear power generation over the long term and this new venture will enable IMI to play a significant role in this development. We are looking forward to building a long relationship with SAIC delivering industry leading critical valve solutions to the Chinese nuclear market."
bluebelle
12/7/2012
13:13
This is a good collaboration- big potential market. http://uk.advfn.com/news/UKREG/2012/article/52935667
fludde
27/4/2012
08:23
So this has been the second best performer in the FTSE 250 this week. Apparently.
broadwood
20/4/2012
08:59
bloomberg like the figs anyhow.
redips2
20/4/2012
08:55
Moving up nicely now.
broadwood
20/4/2012
08:38
Anyone looked at IMI cf Tricorne (run by ex IMI folk)? apad
apad
20/4/2012
08:29
Reassuring enough statement. Should move on from here. - International engineering group IMI said it has had a positive start to 2012 with Group revenues in the three months to end-March up 8% on a reported basis and 6% on an organic basis, after exchange rate movements. There has been good growth in both our Severe Service and Merchandising businesses with the rest of the Group trading at similar levels to last year. Overall IMI expects results in the first six months of the year to be in line with expectations and, based on current market conditions, it remains optimistic that the Group will make further progress in 2012. Severe Service has had a strong start to the year with shipments for the first three months of the year up around 30% on a reported basis and, excluding the benefit from recent acquisitions, over 20% on an organic basis. This strong start partly reflects a catch up in new valve shipments as output from our Brno facility increases and we would expect year on year growth to moderate significantly in the second quarter against stronger revenue comparables from last year. The improved output from Brno, together with encouraging first quarter bookings (up over 10% on last year) gives us increased confidence of good growth for the full year. As previously indicated, margins in the first half are expected to be at similar levels to the second half of last year reflecting a higher mix of lower margin new valve shipments and higher operational costs in Brno. Second half margins are expected to improve as both of these factors begin to unwind. Revenues in the first quarter for the Fluid Power business were at similar levels to last year, with reasonable growth in the US and Asia offset by weaker sales in central and southern Europe. Our sector business has grown 3% in the first three months, representing 45% of total Fluid Power revenues in the period. Overall commercial vehicle revenues are up 4% year to date with a strong performance in North American trucks more than offsetting a weaker market in Europe where revenues are down almost 10%. In the remaining sector businesses the strongest performance has been in energy, whilst food and beverage is slightly down. IMI said it is continuing to focus on margin improvement through a number of ongoing initiatives including product mix, further moves to lower cost manufacturing sites, value engineering and supplier rationalisation. At the same time it is investing in additional sales engineers and key account managers to help drive future growth, most notably in the emerging markets. As expected, revenues in Indoor Climate, on a constant currency basis, are similar to the first quarter of last year. Whilst the new construction market in Europe remains weak, refurbishment activity, driven by energy efficiency legislation, remains robust, particularly in Scandinavia and Germany. First quarter revenues in Beverage Dispense are also at similar levels to last year, with reasonable growth in North America offset by weaker sales in the UK. Merchandising has seen strong organic revenue growth of 14% in the first quarter. Whilst to some extent this reflects a low first quarter comparable from last year, the group is seeing good activity levels in the US, particularly in the automotive sector where dealers are investing in our merchandising solutions for their showrooms. There has also seen good growth in our European cosmetics business. As mentioned above, in February IMI acquired two companies in the Severe Service division, Remosa and InterAtiva for a total initial cash consideration of £107m. During the period sterling has strengthened against the Euro and is slightly weaken against the US Dollar giving an overall translational headwind. If the first quarter average exchange rates of $1.57 and €1.20 had been applied to 2011 results, it is estimated that revenue and segmental operating profit would have been respectively 1% and 2% lower. IMI will announce its interim financial report for the six months ending 30th June 2012 on 23rd August 2012.
broadwood
19/4/2012
11:01
IMS tomorrow. Broker very positive.
broadwood
19/4/2012
07:43
Jefferies International IMI PLC 19/04/12 06:22 Upgrades Hold Buy 2 840.00 1,150.00
broadwood
02/3/2012
11:20
I never complain when the dividend is increased by 15%.
deanforester
02/3/2012
09:36
Current forecast is for 80.56p eps in year end Dec 2012. That's less than they've just announced so I expect to see it revised pdq. The business is clearly focussed, it knows what it wants to sell, who it needs to sell to and how to improve margins along the way. Short of unforeseen set backs in global economic activity, IMI should continue to prosper IMO.
alter ego
02/3/2012
09:27
Agree. Haven't looked at the detail yet, but on the face of it these are a good set of figures.
bluebelle
02/3/2012
09:25
Ticking up nicely on mostly positive Broker comment.
broadwood
02/3/2012
08:02
"Based on current market conditions we remain optimistic that the Group will make further progress in 2012." confident outlook
alter ego
02/3/2012
07:23
Results look pretty satisfactory.
broadwood
01/3/2012
10:26
Results up and coming. IMI announced this morning that it had spent £22m in cash on buying Brazilian isolation valve business Grupo InterAtiva, which is expected to provide a "strong platform for IMI's existing severe service isolation valve brands."
broadwood
20/2/2012
11:29
Positive mention in the Sunday Times yesterday.
bluebelle
17/2/2012
08:57
Yes, on the face of it they seem to be a good strategic fit.
bluebelle
17/2/2012
08:11
Another acquistion albeit small, this time in Brazil. IMI obviously want world domination in valves for severe applications - whatever that means! - but it sounds good to me!
pip
16/2/2012
14:05
The only thing that worries me is my personal experience of acquiring family-owned Italian businesses !
bluebelle
16/2/2012
13:40
all good here.
redips2
16/2/2012
13:05
Results in a foretnight - somethhing else to add to the outlook imo. CR
cockneyrebel
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
ADVFN Advertorial
Your Recent History
LSE
IMI
Imi
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210917 13:51:30