Smiths Group plc

SMIN

GB00B1WY2338

Consumer Goods Conglomerates

Real-time Estimate Cboe Europe Other stock markets 14:29:00 03/12/2024 GMT			5-day change	1st Jan Change
1,772.00 ^GBX	+0.34%		+0.51%	+0.54%

11-28	Citigroup Kicks Off Smiths Group's Coverage at Buy	MT
11-28	JPMorgan double upgrades Tesco and Sainsbury's	AN

UK engineering firm Smiths upgrades annual revenue growth outlook

November 13, 2024 at 07:23 am

(Reuters) - UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8% rise in first-quarter revenue.

The company now expects full-year organic revenue growth of 5%-7%, up from the original 4%-6% guidance.

(Reporting by Shanima A and Chandini Monnappa in Bengaluru; Editing by Subhranshu Sahu and Janane Venkatraman)

Latest news about Smiths Group plc

Citigroup Kicks Off Smiths Group's Coverage at Buy	11-28	MT
JPMorgan double upgrades Tesco and Sainsbury's	11-28	AN
Smiths Group team buys GBP500,000 in shares	11-14	AN
UK Stocks Flat Amid US Inflation Report Focus	11-13	MT
Stocks struggle for direction amid in line US CPI	11-13	AN
UK stocks slip ahead of U.S. inflation data; Smiths Group rallies	11-13	RE
FTSE 100 : Eyes on US CPI	11-13
London stocks green as "Trump trade" wears off	11-13	AN
Stocks called higher while Trump assembles cabinet	11-13	AN
Stocks called higher while Trump assembles cabinet	11-13	AN
Smiths Group Logs Growth in Fiscal Q1 Organic Revenue, Raises FY25 Outlook	11-13	MT
UK engineering firm Smiths upgrades annual revenue growth outlook	11-13	RE
RBC cuts 3i, Bernstein cuts Reckitt	11-04	AN
EXECUTIVE CHANGES: New Scancell, Nanoco and LPA CEOs; Coral CEO exits	10-26	AN
Analyst recommendations: AutoZone, Global Payments, Duolingo, Bank OZK, Beazley...	10-25
Barclays cuts Smiths Group to 'equal weight'	10-01	AN
Barclays Downgrades Smiths Group to Equalweight, Trims PT	09-30	MT
Barclays cuts Smiths Group to 'equal weight'	09-30	AN
JPMorgan cuts Smiths, Burberry price targets	09-25	AN
Industrial Shares Rise On China Moves -- Industrials Roundup	09-24	DJ
Miners support FTSE 100 but mid-caps retreat	09-24	AN
Beijing Stimulus Cheer Reaches UK as FTSE 100 Jumps	09-24	MT
Smiths Group Unveils Acceleration Plan for Increased Profit, Productivity	09-24	MT
UK engineering firm Smiths misses profit view on weak demand, shares dip	09-24	RE
Smiths Group Ramps Up Investments as Fiscal 2024 Results Miss Consensus; Shares Fall 8%	09-24	MT

Smiths Group plc is an industrial group organized around 4 product families: - industrial equipment (35.5% of net sales; John Crane): mechanical linings, auxiliary sealing systems for pumps and compressors, bearings, power transmission couplings, etc.; - detection equipment (26.5%; Smiths Detection): for detecting and identifying explosives, weapons, chemical and biological agents, etc.; - tubular and thermal systems (25.3%; Flex-Tek); - electric and electronic interconnection equipment (12.7%; Smiths Interconnect): primarily for the defense, telecom and transportation sectors. Net sales are distributed geographically as follows: Europe (18.5%), the Americas (54%), Asia/Pacific (16.2%) and other (11.3%).

Employees

15,750

Sector

Consumer Goods Conglomerates

Calendar

25/03/2025 - Q2 2025 Earnings Release

More about the company