Bodycote reports H1 2026 results in line with expectations
Revenue grew 3.3% to £381.2m with adjusted EPS up 18.3%. The company maintains its FY26 outlook despite automotive weakness.
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Provider of heat treatment and specialist thermal processing services
bodycote.comLast updated
In short: Bodycote agreed to a recommended Veritas Capital takeover after rival CVC and Apollo bids, with solid results.
Revenue grew 3.3% to £381.2m with adjusted EPS up 18.3%. The company maintains its FY26 outlook despite automotive weakness.
The multi-million-euro programme adds HIP equipment and powder metallurgy capabilities to support aerospace and defence demand.
Core revenue rose 9.0%, the Optimise programme is on track, and an £80m share buyback continues.
This upgrade reflects their ESG performance and commitment to sustainability. Stakeholders can review targets in the latest Sustainability Report.
The planned acquisition by Vulcan Alpha Bidco still requires regulatory approval and court confirmation.
CVC has withdrawn from the bidding for British engineering company Bodycote, leaving Veritas Capital as the sole remaining bidder with a £1.85 billion takeover offer...
CVC said Monday that it will not go ahead with its proposed takeover of Bodycote after the thermal-processing company's board backed a rival £1.85 billion...
On 1 September 2026, the boards of directors of Bodycote and BidCo announced that they had reached agreement on the terms of a recommended cash...
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