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

Reuters
07 Nov 2024
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10