Overview

Bodycote has enjoyed a strong first half of 2018. Robust growth has continued with double-digit revenue progression in Specialist Technologies, contract wins on automotive and aerospace programmes, and excellent growth across the Emerging Markets. We continue to invest in the ongoing growth of the business through capital expenditure and increased resources.

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Financial highlights

Half year to
30 June 2018
Revenue £368.0m
Headline operating profit £70.1m
Basic headline earnings per share 27.3p
Interim dividend per share 5.7p
Revenue growth 8.7%
Headline operating profit growth 15%
Further improvement in return on sales 19.0%
Specialist Technologies’ growth 11%
Emerging Markets’ revenue growth 22%
Interim dividend (up 8%) 11%

Business reviewThe ADE divisions

We have 63 ADE facilities around the world including classical heat treatment, hot isostatic pressing (HIP) and Surface Technology Facilities.

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Business reviewThe AGI divisions

Our extensive network of more than 120 AGI facilities enables the business to offer the widest range of technical capability and security of supply.

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Outlook

Bodycote has enjoyed a strong first half of 2018.

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