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IMI's fluid control revenue falls 4 pct in January-April
May 9, 2013 / 6:41 AM / in 4 years

IMI's fluid control revenue falls 4 pct in January-April

May 9 (Reuters) - British engineering company IMI Plc said January-April revenue fell 4 percent in its largest fluid control business and that it expected first-half revenue in the business to be flat or slightly higher than the second half of 2012.

The company, which makes power-generation equipment and valves for drink dispensers, said total revenue fell 1 percent in the four months to April.

The fluid control business accounted for a third of IMI’s revenue in 2012.

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