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Bodycote – 2023 results, still confident for further progress value

By Tom Winnifrith & Steve Moore | Friday 22 March 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “the world's leading provider of heat treatment and specialist thermal processing services”, Bodycote (BOY) has announced its results for the 2023 calendar year headlined “Another year of strong growth and margin progression”. That sounds good and what does it suggest ahead for a share price up in response to 647p?
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