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;
  • 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)

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