Diploma Results Presentation Deck
21
Diploma PLC
Half Year 2023 Results
Life Sciences
*
% of Group revenue
Sector revenue mix*
O
44%
38%
18%
Canada
Europe
Australia
Pro forma revenues adjusted for acquisitions
and disposals completed during the year
18%
Revenue
Organic growth
Adjusted operating profit
Adjusted operating margin
H1 2023 highlights
• 4% organic growth
H1 2023
£105.6m
+4%
£20.9m
19.8%
H1 2022
£87.1m
-7%
£19.6m
22.5%
Momentum accelerating in Q2
Continued recovery in surgical and operating room procedures
Normalising healthcare development investment post-pandemic
- Strong diagnostic performance
Well positioned for continued growth
Elective surgical backlogs
Rising diagnostics investment
- Increasing funding approvals into medical equipment
Change
+21%
+7%
-270bps
Margin -270bps:
Accuscience first year acquisition dilution impact, lapped in H2.
Mix: more capital this half / more consumable roll-off thereafter at higher margin
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