Diploma Results Presentation Deck
18
Diploma PLC
Half Year 2023 Results
Controls
% of Group revenue
48%
Sector revenue mix*
O
Windy City Wire
Wire & Cable (UK)
Interconnect
Fasteners
Adhesives
Automation
* Pro forma revenues adjusted for acquisitions
and disposals completed during the year
49%
8%
23%
11%
3%
6%
Revenue
Organic growth
Adjusted operating profit
Adjusted operating margin
●
●
●
H1 2023
£278.8m
+13%
£64.3m
23.1%
H1 2023 highlights
• WCW organic +10%: sustained double-digit growth against strong prior year comparator
Excellent performance in International Controls with organic growth +15%:
Market share gains in recovering civil aerospace markets
Structural tailwinds in defence and energy markets
Strong footholds in Europe/US across established end markets and growing well
Portfolio development
- Adhesives: strong organic growth, two bolt-on acquisitions
Industrial Automation market entry with TIE
- Disposal of non-core Hawco business
Margin +210bps:
H1 2022
£224.0m
+28%
£47.0m
21.0%
Scale benefits and performance
Disposal of Hawco will be margin accretive to the Sector
Change
+24%
+37%
+210bps
DIPLOMA PLCView entire presentation