Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

1,625.00p
   
  • Change Today:
      22.00p
  • 52 Week High: 1,766.50
  • 52 Week Low: 1,526.00
  • Currency: UK Pounds
  • Shares Issued: 346.59m
  • Volume: 549,864
  • Market Cap: £5,632m
  • 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 1,625.00p
Change Today 22.00p
% Change 1.37 %
52 Week High 1,766.50
52 Week Low 1,526.00
Volume 549,864
Shares Issued 346.59m
Market Cap £5,632m
RiskGrade 127

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average
57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average57.14% below the sector average
Price Trend
28.82% above the market average28.82% above the market average28.82% above the market average28.82% above the market average28.82% above the market average
Sector averageSector averageSector averageSector averageSector average
Income
35.17% below the market average35.17% below the market average35.17% below the market average35.17% below the market average35.17% 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
70.64% above the market average70.64% above the market average70.64% above the market average70.64% above the market average70.64% 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 7
Neutral 1
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 26-Apr-2024

Time Volume / Share Price
16:39 75,013 @ 1,620.34p
16:35 277,109 @ 1,625.00p
16:35 896 @ 1,625.00p
16:35 897 @ 1,625.00p
16:35 616 @ 1,625.00p

Smiths Group Key Personnel

CFO Clare Scherrer

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