REG-Bodycote Plc: Divisional re-statement for enhanced Optimise programme

BodycoteAnnouncement

Today 07:10

 

18 November 2025

Bodycote plc

Divisional re-statement for enhanced Optimise programme

 

 

Bodycote, the world's leading provider of specialist thermal processing
services, today publishes historical financial information for 2024 and the
first half of 2025 reflecting a new divisional reporting structure.

 

At our Half Year results on 30 July 2025 we announced an expansion to the
scope of our ongoing Optimise programme. The revised and final programme,
which includes 30 plants, will deliver an improved run-rate profit benefit of
at least £15m by mid-2027 for a net cash cost of £10-15m. As a result of
this expanded scope, the additional plants will now be classified as Non-Core.
Our Full Year 2025 results will be presented based on this updated structure.

 

The tables below show our H1 2024, FY 2024 and H1 2025 divisional performance
on the new re-classified basis. The historical financial information contained
in the following tables is unaudited.

 

                                   Half year to 30 June 2025                                                                                             
                                   Specialist Technologies  Precision Heat Treatment  Central costs and eliminations  Total Core  Non-Core  Total Group  
                                   £m                       £m                        £m                              £m          £m        £m           
 Revenue                           104.5                    232.1                     -                               336.6       32.4      369.0        
 Adjusted operating profit/(loss)  27.2                     34.9                      (8.6)                           53.5        1.6       55.1         
 Return on sales                   26.0%                    15.0%                                                     15.9%       4.9%      14.9%        

 

 

                                   Half year to 30 June 2024                                                                                             
                                   Specialist Technologies  Precision Heat Treatment  Central costs and eliminations  Total Core  Non-Core  Total Group  
                                   £m                       £m                        £m                              £m          £m        £m           
 Revenue                           115.3                    243.0                     -                               358.3       40.7      399.0        
 Adjusted operating profit/(loss)  34.4                     40.4                      (10.2)                          64.6        2.2       66.8         
 Return on sales                   29.8%                    16.6%                                                     18.0%       5.4%      16.7%        

 

 

                                   2024 FY                                                                                                               
                                   Specialist Technologies  Precision Heat Treatment  Central costs and eliminations  Total Core  Non-Core  Total Group  
                                   £m                       £m                        £m                              £m          £m        £m           
 Revenue                           222.3                    459.8                     -                               682.1       75.0      757.1        
 Adjusted operating profit/(loss)  65.5                     80.4                      (20.4)                          125.5       3.5       129.0        
 Return on sales                   29.5%                    17.5%                                                     18.4%       4.7%      17.0%        

 

 

 

 

 

 

For further information, please contact:

 

Bodycote plc

Jim Fairbairn, Chief Executive Officer

Ben Fidler, Chief Financial Officer

Peter Lapthorn, Investor Relations and FP&A

Tel: +44 1625 505 300

 

Disclosures:

This announcement contains forward-looking statements based on current
expectations and assumptions. Various known and unknown risks, uncertainties
and other factors may cause actual results to differ from future results or
developments expressed or implied from the forward-looking statements. Each
forward-looking statement speaks only as of the date of this document.
Bodycote plc accepts no obligation to revise or update these forward-looking
statements publicly or adjust them to future events or developments, whether
as a result of new information, future events or otherwise, except to the
extent legally required.

 



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