Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

1,724.00p
   
  • Change Today:
      28.00p
  • 52 Week High: 1,824.00
  • 52 Week Low: 1,522.00
  • Currency: UK Pounds
  • Shares Issued: 344.12m
  • Volume: 794,191
  • Market Cap: £5,933m
  • RiskGrade: 127
  • Beta: 1.16

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 1,724.00p
Change Today 28.00p
% Change 1.65 %
52 Week High 1,824.00
52 Week Low 1,522.00
Volume 794,191
Shares Issued 344.12m
Market Cap £5,933m
Beta 1.16
RiskGrade 127

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
90.16% below the market average90.16% below the market average90.16% below the market average90.16% below the market average90.16% below the market average
16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average16.67% below the sector average
Price Trend
31.69% above the market average31.69% above the market average31.69% above the market average31.69% above the market average31.69% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Income
37.13% below the market average37.13% below the market average37.13% below the market average37.13% below the market average37.13% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
39.16% above the market average39.16% above the market average39.16% above the market average39.16% above the market average39.16% 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 4
Buy 7
Neutral 2
Sell 1
Strong Sell 0
Total 14
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
  Final Interim
Ex-Div 17-Oct-24 04-Apr-24
Paid 22-Nov-24 13-May-24
Amount 30.20p 13.55p

Trades for 21-Nov-2024

Time Volume / Share Price
16:47 146,108 @ 1,706.67p
16:47 15,733 @ 1,723.71p
16:35 9,089 @ 1,724.00p
16:29 106 @ 1,722.35p
16:28 446 @ 1,723.00p

Smiths Group Key Personnel

CFO Clare Scherrer

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