IMI to acquire Italy's iSMA Controlli for €63m
7th Oct 2026 07:08
(Sharecast News) - Engineering firm IMI has agreed to buy iSMA Controlli, an Italian building‑automation specialist, in a deal valued at €63m, with the business set to join the group's climate control division.
Read moreIMI reiterates full-year guidance after strong first-half growth
31st Jul 2026 15:13
(Sharecast News) - IMI reiterated its full-year guidance on Friday after reporting higher first-half revenue, profits and margins, supported by demand across its automation and life technology businesses.
Read moreIMI reaffirms outlook following solid start to the year
12th May 2026 08:43
(Sharecast News) - Fluid and motion control specialist IMI reaffirmed its full-year outlook on Tuesday, despite the outbreak of war in the Middle East, on the back of a robust first quarter.
Read moreIMI sells Truflo Marine unit for £225m
24th Nov 2025 07:23
(Sharecast News) - IMI has signed a deal to sell its Truflo Marine business to US-based Fairbanks Morse Defense for an enterprise value of £225m.
Read moreIMI posts double-digit Q3 growth, lifts free cash flow guidance
6th Nov 2025 08:00
(Sharecast News) - Engineering company IMI said on Thursday that it had delivered an "excellent third quarter performance", with the group now on track to deliver its fourth consecutive year of mid-single digit organic revenue growth.
Read moreLondon close: Stocks fall on Trump's latest tariffs, US jobs data
1st Aug 2025 17:37
(Sharecast News) - London stocks ended the week lower on Friday as investors reacted to a fresh wave of US tariffs and disappointing economic data from the United States.
Read moreIMI sticks with guidance as trading momentum picks up in H2
1st Aug 2025 07:05
(Sharecast News) - IMI has reiterated its full-year guidance after a broadly stable first half, with the engineering business hailing "strong momentum" heading into the second half.
Read moreLondon close: Stocks mixed on BoE rate cut, US-UK trade deal
8th May 2025 14:59
(Sharecast News) - London equities ended Thursday in mixed territory, as investors digested US president Donald Trump declaring a US-UK trade deal, while the Bank of England delivered an expected interest rate cut.
Read moreIMI reaffirms guidance, launches transport division review
8th May 2025 07:29
(Sharecast News) - IMI reaffirmed its full-year guidance on Thursday after reporting a 3% year-on-year decline in organic revenue for the first quarter of 2025, as solid order growth in process automation offset softness elsewhere, and the group placed its transport business under strategic review.
Read moreJP Morgan hikes targets for defence stocks on European spending hopes
3rd Mar 2025 12:04
(Sharecast News) - JPMorgan has hiked target prices across the listed European defence sector by an average 25% on the back of an anticipated "rearmament cycle" across the continent.
Read moreLondon close: FTSE rises on hopes for UK-US trade deal
28th Feb 2025 16:08
(Sharecast News) - London stocks ended mixed on Friday as optimism over a potential UK-US trade deal helped to boost the top-flight index.
Read moreIMI delivers record profits in FY24
28th Feb 2025 08:46
(Sharecast News) - Engineering firm IMI delivered record profits in FY24, thanks to "good organic growth" and "strong cash generation".
Read moreIMI hit by cyber attack
6th Feb 2025 07:03
(Sharecast News) - UK engineering company IMI on Thursday said it had been hit by a cyber attack on its computer systems.
Read moreLondon close: Stocks finish November on flat note
29th Nov 2024 15:45
(Sharecast News) - London's equity markets ended just above the waterline on Friday, as investors processed a raft of UK economic data and developments in the corporate sector.
Read moreIMI confirms guidances after 'resilient' quarter
7th Nov 2024 08:48
(Sharecast News) - Engineering firm IMI said it remained on track to meet full-year targets on Thursday, following a "resilient" third quarter.
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