Bodycote International plc
Bodycote: 2005 results
Heat treatment, pressing and coating engineer Bodycote’s 5% organic revenue growth was much as expected, with acquisitions adding another 5%. As one would expect from a company still recovering from a sizeable slump (profits fell 53% from 200 to 2002) operational gearing is high and adjusted operating profit was 28% higher.
As we have commented before, […]
Bodycote: trading statement
Bodycote’s sales for the year to date are up 9%, of which 5% is organic. Organic growth was slightly weaker in the second half.
A significant part of the organic growth will represent the passing on of higher energy costs to customers through price rises. This may mean weaker margins in the smaller businesses (metallurgical coatings […]
Bodycote : H1 results
Bodycote said sales for the half year to June 2005 rose by 8% (to £229.3m) while ‘headline’ operating profit (before goodwill, amortisations, restructuring and interest costs) rose by 22% (to £33.1m) and EBITDA rose by 31% (to £29.2m).
Operating profits from continuing operations (after goodwill, amortisations, interest and restructuring costs) was flat at £29.7m (2004 : […]
Bodycote AGM statement
Bodycote continues to recover from the slump in 2002, as discussed when we previously covered the company. At the AGM, Bodycote gave a trading update, which indicates that sales are continuing to increase.
The recovery is being driven by a recovery in Bodycote’s customers. Bodycote sells services to various industries such as the aerospace […]
Bodycote
Heat treatment engineer Bodycote’s 2004 turnover on continuing operations (after excluding those business to be disposed of) was up 4.0% to £426m (+8.5% at CER). Bodycote’s operating profits (before exceptionals and goodwill) was up 14.8% to £54m. These results are largely organic. Sales and operating profits were up across all Bodycote’s business, […]
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