IMI agrees EUR 63 million deal and IMI stock trades at EUR 36.30

Published on 10/08/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached GBP 1.159 billion, up 6.00 percent. IMI stock trades at EUR 36.30 on October 8, 2026 after EUR 36.40.

Arbeiter montieren große Industrieventile in moderner Fabrikhalle mit blauen Aktuatoren — IMI plc GB00B1905F76 zeigt Industriearbeiter bei sorgfältiger Präzisionsmontage großer Ventile in moderner Fabrikhalle, Illustration mit AI erstellt.

IMI (ISIN GB00BGLP8L22) was trading at EUR 36.30 at Lang & Schwarz on October 8, 2026 at 11:12 a.m. CEST, while the company had agreed on October 7, 2026 to acquire iSMA CONTROLLI for EUR 63 million. IMI plc said the transaction would expand its building automation offering.

EUR 63 million expands Climate Control

The acquisition has an enterprise value of EUR 63 million and will be funded from IMI's existing facilities. The business is expected to join the Climate Control sector after completion in the fourth quarter of 2026, subject to regulatory approvals, according to IMI plc.

For the financial year ending December 31, 2026, iSMA CONTROLLI is expected to generate EUR 40 million in revenue and EUR 4.50 million in operating profit. That implies an operating margin of 11.25 percent, calculated from the two figures, giving investors a clear measure of the asset's expected profitability.

First-half revenue rose 6.00 percent

IMI reported revenue of GBP 1.159 billion for the first half of 2026, compared with GBP 1.091 billion in the first half of 2025, according to FINCHANNEL. Adjusted operating profit increased 10.00 percent to GBP 217 million, while the adjusted operating margin rose to 18.70 percent from 18.20 percent in the same period.

The company also reported GBP 18 million of data center orders in Climate Control during the first half of 2026, compared with GBP 6 million in the first half of 2025. IMI maintained its full-year 2026 adjusted basic earnings per share forecast at GBp 136.00 to GBp 142.00, and its next trading update is scheduled for October 29, 2026, FINCHANNEL reported.

IMI stock trades below its prior close

At Lang & Schwarz, IMI stock was trading at EUR 36.30 on October 8, 2026 at 11:12 a.m. CEST. The price was down 0.27 percent versus the Lang & Schwarz prior close of EUR 36.40 on October 7, 2026, a modest move compared with the acquisition's EUR 63 million enterprise value.

The London Stock Exchange is IMI's primary exchange, and the company trades under ticker IMI. IMI's market capitalization was GBP 7.2 billion as of October 8, 2026, while its business remains centered on engineered products for energy, automation and healthcare markets.

The further course of trading is shown by the continuously updated real-time quote of IMI stock.