Bodycote stock trades 1.6 percent below its 52-week high

Published on 09/24/2026 at 12:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bodycote stock carries a 940 pence cash offer announced September 1, 2026. Fiscal 2025 revenue reached GBP 727.1 million, while adjusted EBITDA was GBP 184.7 million.

Extreme Makroaufnahme einer Metalloberfläche mit blauen und violetten Anlassfarben nach Wärmebehandlung — Makroaufnahme einer wärmebehandelten Metalloberfläche mit Anlassfarben, exemplarisch für Bodycote plc, ISIN GB00B3FLWH99, Illustration mit AI erstellt.

Bodycote stock (ISIN GB00B3FLWH99) stood at GBp 952 on the LSE on September 24, 2026, 1.6 percent below its 52-week high of GBp 967.50. The share price remains tied to the proposed takeover by Veritas Capital, which values the company at 940 pence per share.

Offer sets the valuation framework

According to Reuters on September 1, 2026, the recommended deal carries a total value of GBP 1.85 billion including debt. The 940 pence offer consists of 932.8 pence in cash and a 7.2 pence interim dividend.

The offer value is measured against Bodycote's pre-speculation trading level. Investegate reports a 36.5 percent premium for the cash consideration against the three-month volume-weighted average price ended May 21, 2026.

H1 guidance stays unchanged

Bodycote's H1 2026 performance, covering the six months ended June 30, 2026, was in line with management expectations, while full-year guidance remained unchanged, according to Investegate. The company expects core organic revenue growth in 2026, led by Aerospace and Defence and Industrial Gas Turbines, while automotive conditions remain challenging.

For fiscal 2025, Bodycote reported revenue of GBP 727.1 million and adjusted EBITDA of GBP 184.7 million, as stated in the same September 1, 2026, announcement. The figures give investors a business reference point while the takeover process determines the eventual equity value.

Stock remains near its yearly peak

Bodycote stock was trading at GBp 952 on the LSE on September 24, 2026, down 0.10 percent from the previous close of GBp 953. That price is 1.6 percent below the 52-week high of GBp 967.50, keeping the market quotation close to its yearly peak while the 940 pence offer remains the central valuation reference.