IMI plc Preliminary Results - 7 March 2005
IMI plc, the major international engineering group, today announced its preliminary results for the year ended 31 December 2004.
| 2004 | 2003 | |
|---|---|---|
|
||
| Sales | £1611m | £1573m |
| Results before goodwill amortisation and exceptional items | ||
| Operating profit from continuing businesses | £164.6m | £147.8m * |
| Profit before tax | £155.4m | £136.9m * |
| Adjusted earnings per share | 28.9p | 25.7p * |
| Exceptional items | £33.1m | - |
| Profit before tax | £100.7m | £117.2m |
| Earnings per share | 13.4p | 20.1p |
| Borrowings | £69.0m | £136.3m |
| Gearing | 13% | 25% |
| Dividend per share | 16.5p | 15.5p |
* 2003 restated to include rationalisation costs of £5.7m, previously shown separately.
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