IMI (IMI)

Sector:

Engineering

Index:

FTSE 100

1,800.00p
   
  • Change Today:
      35.00p
  • 52 Week High: 1,828.00
  • 52 Week Low: 1,445.00
  • Currency: UK Pounds
  • Shares Issued: 261.47m
  • Volume: 365,777
  • Market Cap: £4,706.40m
  • RiskGrade: 142

IMI buys Adaptas Solutions for $271m

By Frank Prenesti

Date: Monday 15 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Engineering group IMI said it was buying US firm Adaptas Solutions for $271m (£202m).
Adaptas makes critical mass spectrometry subsystems and components, such as electron multipliers, filaments, power supplies and ion optic grids, as well as liquid handling and lab automation components.

Based in Massachusetts, it also has facilities in Pennsylvania, West Sussex in the UK, New South Wales in Australia, and Qidong in China.

Adaptas Solutions will become part of IMI's precision fluid OEM business unit within IMI precision engineering.

For the year ending to December 31, Adaptas solutions was expected to generate revenues of about $83m, with adjusted core earnings of $17m, and adjusted earnings before interest and tax of about $14m.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IMI Market Data

Currency UK Pounds
Share Price 1,800.00p
Change Today 35.00p
% Change 1.98 %
52 Week High 1,828.00
52 Week Low 1,445.00
Volume 365,777
Shares Issued 261.47m
Market Cap £4,706.40m
RiskGrade 142

IMI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.05% below the market average94.05% below the market average94.05% below the market average94.05% below the market average94.05% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
79.71% above the market average79.71% above the market average79.71% above the market average79.71% above the market average79.71% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average
Income
79.65% below the market average79.65% below the market average79.65% below the market average79.65% below the market average79.65% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
32.67% below the market average32.67% below the market average32.67% below the market average32.67% below the market average32.67% below the market average
68.75% below the sector average68.75% below the sector average68.75% below the sector average68.75% below the sector average68.75% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 4
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IMI Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 10-Aug-23
Paid 17-May-24 15-Sep-23
Amount 19.20p 9.10p

Trades for 15-Apr-2024

Time Volume / Share Price
16:35 125,814 @ 1,800.00p
16:35 6 @ 1,800.00p
16:35 4 @ 1,800.00p
16:35 455 @ 1,800.00p
16:35 538 @ 1,800.00p

IMI Key Personnel

CEO Roy Twite
Finance Director Daniel Shook
Chair Smith of Kelvin

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