Investment case
Compelling investment case
Compounding profitable growth
Fluid and motion control growth markets
Our business is aligned to three enduring megatrends: energy, automation and healthcare, and we hold leading positions in fluid and motion control markets exposed to these structural growth drivers.
Innovative solutions create customer value
Our market-led approach to innovation is unique: we solve acute industry challenges using our engineering expertise to enhance customers’ safety, productivity and efficiency.
Significant aftermarket exposure
We generate approximately 45% of sales from the aftermarket, providing high-margin recurring revenue and underpinning long-term growth.
Strong pricing power
While our products and solutions are only a relatively small part of our customers’ total system costs, they play a critical role in their performance.
Highly cash generative and disciplined capital allocation
Our financial framework delivers double digit EPS growth through investments in organic growth, targeted bolt-on acquisitions and share buybacks.
Delivering attractive shareholder returns
IMI is highly cash generative and we are committed to deploying this capital to deliver attractive shareholder returns.
We see a clear pathway to continue compounding EPS growth through investments in organic growth, targeted bolt-on acquisitions and share buybacks.
Why IMI?
Growth
We grow by delivering excellent customer service, technical expertise and high-quality solutions in attractive markets. We innovate to create value for our customers and accelerate our growth.
Strong margins
Our solutions are bespoke, highly engineered and essential to customer system performance. They are typically small in cost but critical in function. This value equation and our attention to the aftermarket generates IMI’s strong financial returns and resilience.
A scalable model
The One IMI operating model applies best practice across our business – combining commercial excellence, market-led innovation and continuous improvement to scale growth.
Inside the 2025 Full Year Results with our CFO
Our Chief Financial Officer, Luke Grant, discusses IMI’s full-year results for 2025, highlighting the financial drivers behind our performance and the disciplined approach that continues to support sustainable, profitable growth.
The fundamentals
Who we are
IMI is a global leader in fluid and motion control, serving markets underpinned by three long-term growth trends – energy, automation and healthcare. We apply world-class engineering expertise to optimise performance and deliver consistent long-term value – for our customers and our shareholders.
Strong financial performance
5 %
Average organic revenue growth (2022-2025)
20.0 %
Adjusted operating profit margin (2025)
£ 1 billion+
Returned to shareholders through dividends and share buybacks since 2019
Great results
Compounding EPS at an 10% CAGR between 2019 -2025
One IMI operating model
At the heart of IMI is the One IMI operating model – how we deliver performance and growth. It brings together our three strategic pillars: Commercial excellence, Market-led innovation, and Continuous improvement – all underpinned by a strong performance culture and a deep commitment to developing talent.
