Diploma Regulatory News (DPLM)

Preliminary resultsDiploma's preliminary results for the year ended 30 September 2024 have been submitted in full unedited text to the Financial Conduct Authority's National Storage Mechanism and will be available shortly for inspection at National Storage Mechanism | FCA. The results are also available at http://www.rns-pdf.londonstockexchange.com/rns/6947M_1-2024-11-18.pdf and the corporate website, www.diplomaplc.com.

Dividends

For the financial year ended 30 September 2024 (FY24), the Board has recommended a final dividend of 42.0p per share (2023: 40.0p), making the proposed full year dividend 59.3p (2023: 56.5p), up 5%, in line with the Board's dividend policy.

The final dividend for FY24 is subject to approval by shareholders at the Annual General Meeting on 15 January 2025 and, if approved, will be paid on 31 January 2025 to shareholders on the register at 17 January 2025. Shares will trade ex-dividend from 16 January 2025.

Notes:

1. Diploma PLC uses alternative performance measures as key financial indicators to assess the underlying performance of the Group. These include organic growth, adjusted operating profit/adjusted operating margin, adjusted earnings per share, free cash flow/free cash flow conversion, leverage and ROATCE. Definitions of these metrics is set out in note 15 to the Condensed Consolidated Financial Statements in this Announcement.

2. Certain statements contained in this Announcement constitute forward-looking statements. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of Diploma PLC, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such statements. Such risks, uncertainties and other factors include, among others, exchange rates, general economic conditions and the business environment.

A presentation for analysts and investors will be held at 09:00 GMT. This will be streamed live via webcast and audio conference call.

Register your attendance for the webcast at: https://brrmedia.news/DPLM_FY_24

Conference call dial in details:

NOTE TO EDITORS:

Diploma PLC is a value-add distribution Group. Our businesses deliver practical and innovative solutions that keep key industries moving.

We are a distribution group with a difference. Our businesses have the technical expertise, specialist knowledge, and long-term relationships required to deliver value-add products and services that make our customers' lives easier. These value-add solutions drive customer loyalty, market share growth and strong margins.

Our decentralised model means our specialist businesses are agile and empowered to deliver the right solutions for their customers, in their own way. As part of Diploma, our businesses can also leverage the additional resources, opportunities and expertise of a large, international and diversified Group to benefit their customers, colleagues, suppliers and communities.

We employ ca. 3,600 colleagues across our three Sectors of Controls, Seals and Life Sciences. Our principal operating businesses are located in North America, the UK, Europe, and Australia.

Diploma aims to deliver sustainable quality compounding - ambition with discipline, and over the last fifteen years, the Group has grown adjusted earnings per share (EPS) at an average of ca. 16% p.a. through a combination of organic growth and acquisitions.

Diploma is a member of the FTSE 100.

Further information on Diploma PLC can be found at www.diplomaplc.com

The person responsible for releasing this Announcement is John Morrison, Company Secretary.

LEI: 2138008OGI7VYG8FGR19