t
Disseminated via PRN on 18 November 2025
18 November 2025
Bodycote plc
Divisional re-statement for enhanced Optimise programme
Bodycote, the world's leading provider of specialist thermal processing services, today publishes historical financial information for 2024 and the first half of 2025 reflecting a new divisional reporting structure.
At our Half Year results on 30 July 2025 we announced an expansion to the scope of our ongoing Optimise programme. The revised and final programme, which includes 30 plants, will deliver an improved run-rate profit benefit of at least £15m by mid-2027 for a net cash cost of £10-15m. As a result of this expanded scope, the additional plants will now be classified as Non-Core. Our Full Year 2025 results will be presented based on this updated structure.
The tables below show our H1 2024, FY 2024 and H1 2025 divisional performance on the new re-classified basis. The historical financial information contained in the following tables is unaudited.
|
|
Half year to 30 June 2025 |
|||||
|
|
Specialist Technologies |
Precision Heat Treatment |
Central costs and eliminations |
Total Core |
Non-Core |
Total Group |
|
|
£m |
£m |
£m |
£m |
£m |
£m |
|
Revenue |
104.5 |
232.1 |
- |
336.6 |
32.4 |
369.0 |
|
Adjusted operating profit/(loss) |
27.2 |
34.9 |
(8.6) |
53.5 |
1.6 |
55.1 |
|
Return on sales |
26.0% |
15.0% |
|
15.9% |
4.9% |
14.9% |
|
|
Half year to 30 June 2024
|
|||||
|
|
Specialist Technologies |
Precision Heat Treatment |
Central costs and eliminations |
Total Core |
Non-Core |
Total Group |
|
|
£m |
£m |
£m |
£m |
£m |
£m |
|
Revenue |
115.3 |
243.0 |
- |
358.3 |
40.7 |
399.0 |
|
Adjusted operating profit/(loss) |
34.4 |
40.4 |
(10.2) |
64.6 |
2.2 |
66.8 |
|
Return on sales |
29.8% |
16.6% |
|
18.0% |
5.4% |
16.7% |
|
|
2024 FY
|
|||||
|
|
Specialist Technologies |
Precision Heat Treatment |
Central costs and eliminations |
Total Core |
Non-Core |
Total Group |
|
|
£m |
£m |
£m |
£m |
£m |
£m |
|
Revenue |
222.3 |
459.8 |
- |
682.1 |
75.0 |
757.1 |
|
Adjusted operating profit/(loss) |
65.5 |
80.4 |
(20.4) |
125.5 |
3.5 |
129.0 |
|
Return on sales |
29.5% |
17.5% |
|
18.4% |
4.7% |
17.0% |
For further information, please contact:
Bodycote plc
Jim Fairbairn, Chief Executive Officer
Ben Fidler, Chief Financial Officer
Peter Lapthorn, Investor Relations and FP&A
Tel: +44 1625 505 300
Disclosures:
This announcement contains forward-looking statements based on current expectations and assumptions. Various known and unknown risks, uncertainties and other factors may cause actual results to differ from future results or developments expressed or implied from the forward-looking statements. Each forward-looking statement speaks only as of the date of this document. Bodycote plc accepts no obligation to revise or update these forward-looking statements publicly or adjust them to future events or developments, whether as a result of new information, future events or otherwise, except to the extent legally required.
