BUZZ-IMI Plc: Reported revenue down, FX bites

** British engineering company IMI Plc (LSE: IMI.L - news) 's shares fall as much as 2.4 pct in early trade & is among the worst performers on the FTSE 100.

** Forex impact continues to weigh on revenue.

** IMI said it expects overall results for the year to be broadly in line with current market expectations, despite market conditions being more difficult than anticipated particularly in Germany.

** IMI also announced of acquisition of Germany-based valve maker Bopp & Reuther Holding GmbH for an enterprise value of 152.6 mln euros (about $190 mln) to strengthen its power sector offering in emerging markets.

** Shares (Frankfurt: DI6.F - news) in the company have fallen 18 pct in the last one year.

** Out of the 19 analysts covering the stock, 8 have a "hold" rating on the stock, according to Thomson Reuters Eikon data.

** IMI supplies flow-control systems such as valves to power, nuclear, oil and gas and petrochemical industry. (aashika.jain.thomsonreuters.com@reuters.net)