Diploma Delivers

At a glance

£ 1 bn

(2021: 787.4m)

15 %

Model: 5%

19 %

Model: 17%+

17.3 %

Model: high teens

26 %

Model: double digit

53.6 p

(2021: 42.6p)

*Before acquisition related charges and acquisition related finance charges.

About Diploma

Value-add solutions that keep industries moving

Diploma PLC is a decentralised, value-add distribution Group. Our decentralised culture means our businesses are agile, independent and empowered to deliver for their customers, their way.

Our businesses, which operate across three Sectors, have the technical expertise, specialist knowledge, and long-term relationships required to innovate, create and deliver value-add solutions that make our customers’ lives easier.

Our strategy

We build high-quality, scalable businesses for sustainable organic growth.

We’re driving organic growth through targeted revenue diversification, complemented by disciplined, Diploma-style acquisitions to deliver future organic growth.

By scaling our businesses and the Group as we grow, we can continue to deliver our value-add proposition and financial model at scale.

We’re ambitious about making a difference. Our ESG framework gives our businesses the structure to deliver value responsibly.

Read our strategic report

Sector review

Controls: Building momentum

Group revenue: 47%

Specialised wiring, cable, connectors, fasteners, control devices and adhesives, for a range of technically demanding applications.

Seals: Driving growth

Group revenue: 35%

Seals, gaskets, cylinders, components and kits used in heavy mobile machinery and a diverse range of fluid power products with aftermarket, OEM and MRO applications.

Life Sciences: Innovation focus

Group revenue: 18%

Medical devices, equipment, consumables, instrumentation and related services to the healthcare and environmental industries.

Sustainability

Delivering Value Responsibly

Our Delivering Value Responsibly programme is built on five material focus areas. We are positioning ourselves for commercial growth with a positive impact on society and the environment. Embracing DVR is key to executing our strategy, fulfilling our purpose. and scaling and managing our business sustainably.

Annual Report 2022