Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

1,641.50p
   
  • Change Today:
    -12.00p
  • 52 Week High: 1,766.50
  • 52 Week Low: 1,526.00
  • Currency: UK Pounds
  • Shares Issued: 347.51m
  • Volume: 716,258
  • Market Cap: £5,704m
  • RiskGrade: 127

Smiths returns to revenue growth, ups dividend

By Sean Farrell

Date: Tuesday 28 Sep 2021

LONDON (ShareCast) - (Sharecast News) - Smiths Group reported a return to revenue revenue growth and an increased final dividend as markets recovered from the Covid-19 crisis.
The FTSE 100 engineering group's headline operating profit from continuing operations rose 14% to £372m in the year to the end of July as revenue fell 6% to £2.41bn from a year earlier. On an underlying basis profit rose 7% and revenue fell 2% with revenue growing in the final quarter.

The results excluded the company's former medical business, which it agreed to sell in September 2021 for $2.7bn. Smiths reported good order book momentum and improving margins and said it was increasingly confident about its prospects.

Smiths proposed a final dividend of 26p a share, taking the annual payout to 37.7p - up 8% from a year earlier.

Paul Keel, who joined as chief executive in May, said: An important milestone for the group was announcing the sale of Smiths Medical. In doing so, we fulfilled a commitment to simplify our business and focus on our higher-performing industrial technology core, whilst delivering significant returns to our shareholders."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Smiths Group Market Data

Currency UK Pounds
Share Price 1,641.50p
Change Today -12.00p
% Change -0.73 %
52 Week High 1,766.50
52 Week Low 1,526.00
Volume 716,258
Shares Issued 347.51m
Market Cap £5,704m
RiskGrade 127

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.85% below the market average90.85% below the market average90.85% below the market average90.85% below the market average90.85% below the market average
71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average71.43% below the sector average
Price Trend Not Available
Income
39.14% below the market average39.14% below the market average39.14% below the market average39.14% below the market average39.14% below the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Growth
66.81% above the market average66.81% above the market average66.81% above the market average66.81% above the market average66.81% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 2
Sell 1
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Smiths Group Dividends

  Latest Previous
  Interim Final
Ex-Div 04-Apr-24 19-Oct-23
Paid 13-May-24 24-Nov-23
Amount 13.55p 28.70p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 558,269 @ 1,641.50p
16:35 469 @ 1,641.50p
16:35 260 @ 1,641.50p
16:35 59 @ 1,641.50p
16:35 129 @ 1,641.50p

Smiths Group Key Personnel

CFO Clare Scherrer

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