BUZZ-UK's IMI gains on upbeat Q3, reaffirmng annual profit outlook

Reuters
2024/11/07
BUZZ-UK's IMI gains on upbeat Q3, reaffirmng annual profit outlook

** Shares of Engineering firm IMI IMI.L up ~3% at 1,708p

** Stock among top pct gainers on the FTSE 100 index .FTSE which is up 0.1%

** Posts Q3 organic revenue growth of 1% despite transport unit's slowdown and ongoing challenges in life sciences according to Jefferies

** Co reaffirms annual adjusted EPS outlook, but flags "additional foreign exchange headwinds"

** Including session's gains, stock up 1.4% YTD

(Reporting by DhanushVignesh Babu in Bengaluru)

((DhanushVignesh.Babu@thomsonreuters.com))

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