BODYCOTE PLC (BOY) Shares

ABOUT BODYCOTE PLC

? Bodycote plc is a thermal processing company. Its portfolio includes surface technology, metal joining, heat treatments and hot isostatic pressing.

? Bodycote operates from more than 180 locations in the United Kingdom, the United States, Mexico, Canada, China, Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Italy, Liechtenstein, Netherlands, Poland, Romania, Sweden, Switzerland and Turkey.

? The company offers its services to aerospace and defense, energy, oil and gas, construction, machine building, transportation, medical and automotive industries.

? Bodycote PLC employs approximately 5 000 people and is headquartered in Macclesfield, Cheshire, the United Kingdom.

OVERVIEW OF BODYCOTE PLC

• In 1923 Arthur Bodycote founds the company as G.R. Bodycote Ltd, a textile business in Hinckley. Slater Walker buys the company in 1951 and in 1973 demerges from it.

• During the 1970’s Bodycote provides flame retardant and bullet proof clothing.

• The next couple of years is a series of acquisitions. In 1979 it buys a heat treatment company named Blandburgh. In 1980 Zinc Alloy Rust Proofing Ltd is purchased, adding metallurgical coatings to its portfolio.

• Metallurgical Testing Services Ltd is purchased from Murray International plc in 1990, forming the beginning of the company’s materials testing business.

• It is later sold to create Exova, a testing company. In 1991 Bodycote buys HIP Ltd, a Hot Isostatic Processing company. HIP Ltd is the United States’ largest heat treatment company and expands Bodycote’s portfolio considerably.

• In 2008 the company’s name is changed to Bodycote plc. More companies are purchased during the next few years.

VISION & VALUES OF BODYCOTE PLC

• Bodycote plc values its employees and creates a safe, healthy workplace. Employees are highly trained and apply high ethical standards and respect to all operations.

• Bodycote prides itself in being fair, trustworthy and honorable.

• Customers are offered superior products and services at an affordable price. The company’s goal is to create value to shareholders, customers and employees.

• Bodycote plc is committed to operate responsibly and creating a sustainable future. It minimizes it environmental footprint and conserves water and energy in its facilities.

• The company contributes to numerous organizations and initiatives to support the communities from which it operates.

MARKET PERFORMANCE OF BODYCOTE PLC

• Bodycote plc trades on the Financial Times Stock Exchange under the FTSE stock symbol “BOY”.

• Data analysis for the company’s results for the six months ending June 30, 2019 reports a revenue of £ 366.5 million. Headline operating profit is £ 66.9 million.

• Return on sales are 18.3 percent. Headline profit before taxation is £ 64.7 million. Free cash flow is £ 44.6 million. Interim dividends are 6.0p per share, an increase of 5.3 percent.

• Operating profit is £ 64.4 million. The company invests £ 38 million in the reported period to support business growth.