UK's IMI rises on FY revenue growth outlook, share buyback plan

IMI

06/03/2026 08:28

** IMI IMI.L gains 3.5% to 2848p; top gainer on FTSE 100 .FTSE

** Specialist engineering company expects mid-single-digit organic revenue growth, expanded margins for 2026, progressing toward its medium-term target of 20%+

** Announces 500 million-pound ($668.3 million) share buyback programme

** YTD, IMI rises 10.6%

($1 = 0.7482 pounds)

 (Reporting by Tuhina  in Bengaluru)

 ((Tuhina@thomsonreuters.com))