IMI PLC (OTCPK:IMIUY)

$ 24.5 0 (0%) Market Cap: 6.23 Bil Enterprise Value: 7.00 Bil PE Ratio: 18.91 PB Ratio: 4.36 GF Score: 63/100

Q1 2021 IMI PLC Interim Management Statement Call Transcript

Apr 26, 2021 / 07:30AM GMT

Transcript

Operator

Good day, and welcome to today's IMI plc's interim management statement call. (Operator Instructions) I also must advise you that this conference is being recorded today.

And I would now like to hand the conference over to your first speaker today, Roy Twite. Thank you. Please go ahead, sir.

Roy M. Twite

IMI plc - CEO & Director

Thank you, and good morning, everyone, and thanks for taking the time to join us today especially given the short notice. I am joined on this call by Dan Shook, our Finance Director. I will summarize some important points before we take your questions. Thank you.

We would like to thank all of our employees for their tremendous efforts and continuing dedication to our strategy and to our purpose, breakthrough engineering for a better world. Their dedication has delivered many strong results for the first quarter. Group revenues were up nearly 8% organically versus the first quarter of last year and 2.6% ahead of the first quarter 2019. Margins, profits and cash was also ahead when compared to the first quarters of

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