Half Year Results 

IMI resurrects its dividend

IMI resurrects its dividend

Engineering group IMI (IMI) may have seen its revenue fall by 5 per cent in the six months to 30 June, but increased margins helped lift its adjusted operating profit by 3 per cent to £121m. Actions to cut costs in response to the Covid-19 pandemic as well as productivity gains and value pricing boosted the margin by 1 percentage point to 14 per cent.

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