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‘Jaw-dropping’ operational gearing potential
Thursday 02 Mar 2017 Author: Steven Frazer

Earnings per share (EPS) could possibly improve by two thirds this year for fluid dynamics engineer IMI (IMI) in a best case scenario.

Analysts at Numis Securities believe the company could achieve 100p EPS versus consensus forecast around the 60p mark at present.

They foresee a potential ‘jaw-dropping’ impact of operational gearing as costs are stripped from the business. Achieving this EPS uplift would require pulling off a major acquisition.

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