IMI improves but weak Eurozone softens demand
23rd August 2012
ENGINEERING group IMI has reported rises in half year revenue and profits despite certain divisions struggling because of weaker demand due to the difficulties in the Eurozone.For the six months to June 30, 2012 revenue came in at £1,090m (2011: £1,032m), up 6%, while pre-tax profit rose 7% to £154m (2011: £144.3m).The group has also announced a series of high level board appointments which will see former Tata Motors chief executive Carl-Peter Forster and Managing Director of British Gas Peter Bentley ......for the full story register now for free or login below...
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