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Feb 29 2024, 16:31 GMT
IMI plc
Val(ve)uation upside
- Sectors : Capital Goods
- Companies : IMI plc
DAVY VIEW
IMI is a global supplier of fluid and motion control valves and actuators across five high growth end markets. Past investment in operational improvement and product innovation has been driving organic growth and reducing cyclicality. We expect further benefits to come, making the 5% organic revenue growth, 20% adjusted operating margin and 90% cash conversion targets highly achievable.
