Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

2,002.00p
   
  • Change Today:
      23.00p
  • 52 Week High: 2,116.00
  • 52 Week Low: 1,522.00
  • Currency: UK Pounds
  • Shares Issued: 334.21m
  • Volume: 109,284
  • Market Cap: £6,691m
  • RiskGrade: 127

Volumes, pricing drive 20% profit rise at Smiths

By Frank Prenesti

Date: Tuesday 26 Sep 2023

LONDON (ShareCast) - (Sharecast News) - Engineering group Smiths hailed a 20% rise in annual operating profit, driven by volume growth and higher prices which offset the impact of inflation.
The company on Tuesday said profit for the year to July 31 came in at £501m as revenue jumped 18.3% to £3bn.

Smiths said it now expects organic revenue growth for 2024 within its medium-term target range of 4-6%, with growth weighted towards the second half of the year.

"Our strong orderbooks in John Crane and Smiths Detection, along with our new product pipeline, give us confidence in delivering this growth despite a record comparator, moderating pricing environment, and the challenging market conditions facing parts of Flex-Tek and Smiths Interconnect," it added.

Reporting by Frank Prenesti for Sharecast.com

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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 2,002.00p
Change Today 23.00p
% Change 1.16 %
52 Week High 2,116.00
52 Week Low 1,522.00
Volume 109,284
Shares Issued 334.21m
Market Cap £6,691m
RiskGrade 127

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.2% below the market average94.2% below the market average94.2% below the market average94.2% below the market average94.2% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
79.41% above the market average79.41% above the market average79.41% above the market average79.41% above the market average79.41% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Income
69.61% below the market average69.61% below the market average69.61% below the market average69.61% below the market average69.61% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
57.75% above the market average57.75% above the market average57.75% above the market average57.75% above the market average57.75% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 6
Neutral 4
Sell 1
Strong Sell 0
Total 16
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 03-Apr-25 17-Oct-24
Paid 14-May-25 22-Nov-24
Amount 14.23p 30.20p

Trades for 09-May-2025

Time Volume / Share Price
10:52 33 @ 2,002.00p
10:52 33 @ 2,002.00p
10:52 94 @ 2,002.00p
10:52 141 @ 2,002.00p
10:52 103 @ 2,002.00p

Smiths Group Key Personnel

CFO Julian Fagge

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