Bodycote plc (BOY.L)

690.00 -1.00 (-0.14%) At close: 04:38PM BST

Bodycote plc

Springwood Court
Springwood Close Tytherington Business Park
Macclesfield SK10 2XF
United Kingdom
44 16 2550 5300
https://www.bodycote.com

Sector(s): Industrials
Industry: Specialty Industrial Machinery
Full-time employees: 4,833

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Stephen C. Harris C. Eng., MA, MBA	Group CEO & Executive Director	2.17M	N/A	1958
Mr. Benjamin Philip Fidler	CFO & Director	1.7M	N/A	1970
Ms. Michaela Yasin	Chief Marketing Officer	N/A	N/A	N/A
Ms. Alison Broughton	Group Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy. It also provides surface technologies, which are used to prolong the working life of components and protect from environmental factors, such as corrosion and abrasion. The company's surface technologies include anodising, flame and combustion spraying, high velocity oxygen fuel coatings, plasma spray, electric arc wire, vapor phase aluminide, liquid and ceramic coatings, and thermochemically formed ceramic coatings to enhance corrosion protection and wear resistance. It serves automotive, aerospace and defense, energy, and general industrial markets. The company was founded in 1923 and is headquartered in Macclesfield, the United Kingdom.

Corporate governance

Bodycote plc’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 8; Board: 4; Shareholder rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.