Diploma PLC

We announced our 2024 Full Year Results this morning: ✅ Strong, volume-led organic revenue growth of 6% ✅ Reported revenue growth of 14% ✅Adjusted operating margin up 120bps to 20.9%. ✅£293m invested in 7 quality businesses at 6x EBIT ✅ROATCE up 100bps to 19.1% ✅Strong free cash flow free cash flow conversion of 101% ✅Positive outlook for FY25 Watch our CEO, Johnny Thomson, give an overview of the Group's Full Year Performance. The full results are available on our website: https://lnkd.in/exMWXWGt

This morning Diploma PLC CEO, Johnny Thomson, and CFO, Chris Davies, will be presenting our Full Year results at 0900 GMT. ✅ Strong, volume-led organic revenue growth of 6% ✅ Reported revenue growth of 14% - 10% from acquisitions, partially offset by FX ✅Adjusted operating margin up 120bps to 20.9%. ✅Highly effective capital allocation - £293m invested in 7 quality businesses at 6x EBIT ✅ROATCE up 100bps to 19.1% ✅Strong free cash flow free cash flow conversion of 101% ✅Positive outlook for FY25 Join the webcast here: https://lnkd.in/e_afN-_W

Congratulations to Clint M. and the team on this achievement. Great work!

Today we issued our Q3 trading update: strong Q3 performance, full year outlook positive and unchanged. Read more on our website https://lnkd.in/exMWXWGt

Our people are vitally important to our success. Being a more diverse, inclusive and equitable Group will allow us to recruit, support, retain and engage the best talent. Proactively engaging, educating and empowering our colleagues is a key part of our DEI strategy. This week, we celebrated Pride across the Group with a webinar on allyship - an important skill for everyone and a key building block of inclusion. This was followed by a brilliant and educational quiz hosted by #QueerzNight. Congratulations to winner, Jashank Vyas and thank you to everyone across the Group that took part!

R&G Technical Training Centre awarded British Fluid Power Association (BFPA) Approval 🏆 Ross Cunningham featured, is receiving the award on behalf of Tim Harper who is spearheading this training centre for the R&G Fluid Power Group. 💬 On receiving the award Ross, Managing Director of the R&G Hydraulics Division, commented: "We've created a fantastic technical training centre located at our R&G NDC facility in Lincoln. Some of our senior engineers have recently been approved as BFPA-Accredited Trainers too. So, alongside the training delivery, our delegates will also get to network and gain insight from experienced, time-served engineers from across the R&G Group. A huge note of thanks to Tim Harper and his engineering team at Global Hydraulics for bringing this all to life". For more information, visit 🔎 https://lnkd.in/eWX2bf79 #FluidPower #TechnicalTrainingCentre #BFPAApproved

Increasing our solar coverage is an important step in achieving our SBTi-approved net zero targets and one of many initiatives across the Group. Read more about our approach to sustainability on our website: https://lnkd.in/eMbwkMBe

We announced our half year results this morning. Group CEO Johnny Thomson gives an overview of the Group's performance. Read more on our website: https://lnkd.in/ePUFQTdW

This morning Diploma PLC CEO, Johnny Thomson and CFO, Chris Davies will be presenting our half year results at 0900 BST. Watch the webcast here: https://lnkd.in/ex4b5tJV ✅ Organic revenue growth of 5%, volume-led with good momentum into the second half. ✅ Double digit reported revenue growth including 8% from acquisitions.  ✅Adjusted operating margin up 80bps to 19.6%. ✅ROATCE up 20bps to 18.0%; free cash flow conversion up 6ppts to 76%, and leverage at 0.9x. ✅Six quality acquisitions joined the Group  ✅Upgrading FY24 guidance You can read our full half year results on our website: https://lnkd.in/ePUFQTdW

Great work!