Bodycote 2022 Financials
Commercial heat treat giant UK based Bodycote has just released their full year results for year ended 31 December 2022 and they are impressive.
The highlights are below and the full report (which makes for fascinating reading about the global heat treating market) can be found here; https://www.bodycote.com/wp-content/uploads/2023/03/Bodycote-full-year-results-2022.pdf
- Revenues up 20.8% to £743.6m (17.3% at constant currency)
- 10.1% underlying revenue growth excluding energy related surcharges of £44m
- Headline operating profit up 19% to £112.2m
- Closing net debt1 of £33.4m (2021: £51.9m)
Did you like this article? Click here to subscribe to The Monty.
View our recent magazines and podcasts by clicking the following link. https://themonty.com/magazine/