Smiths Group FY pre-tax profits surge
23rd Sep 2022 07:34
(Sharecast News) - Engineering company Smiths Group said on Friday that full-year organic revenues and pre-tax profits had grown ahead of expectations amid "high demand" across the majority of its end markets.
Read moreSmiths completes de-risking of TI Group scheme with £640m buy-in
30th Jun 2022 07:14
(Sharecast News) - Smiths Group said it had completed a £640m bulk annuity buy-in with Rothesay Life to de-risk one of its pension schemes.
Read moreSmiths Group delivers fourth-straight quarter of organic revenue growth
19th May 2022 07:14
(Sharecast News) - Engineering company Smiths Group reported its fourth consecutive quarter of organic revenue growth on Thursday, leading the firm to maintain its full-year guidance of 3% organic revenue growth.
Read moreSmiths Group makes several executive changes
14th Apr 2022 08:20
(Sharecast News) - Smiths Group announced on Thursday that Clare Scherrer has been appointed chief financial officer, taking up the role from 29 April.
Read moreSmiths interims rise but warns on tough aviation market
25th Mar 2022 07:07
(Sharecast News) - Diversified UK engineer Smiths Group reported a rise in interim profit but said it expected a more challenging aviation market in an uncertain geopolitical and macroeconomic environment.
Read moreJPMorgan reinstates coverage of Smiths Group at 'overweight'
1st Feb 2022 12:33
(Sharecast News) - JPMorgan Cazenove reinstated its 'overweight' rating on Smiths Group on Tuesday following a period of restriction.
Read moreSmiths Group delivers 'good' Q1 performance as revenues tick up
11th Nov 2021 08:10
(Sharecast News) - Engineering company Smiths Group said on Thursday that it had delivered a "good performance" in the first quarter of its trading year, in line with internal expectations.
Read moreSmiths returns to revenue growth, ups dividend
28th Sep 2021 07:09
(Sharecast News) - Smiths Group reported a return to revenue revenue growth and an increased final dividend as markets recovered from the Covid-19 crisis.
Read moreSmiths Group agrees $2.4bn sale of med unit to ICU Medical
8th Sep 2021 07:27
(Sharecast News) - Industrial technology group Smiths Group said it agreed to sell is medical business to US-based ICU Medical for $2.4bn, withdrawing its support for a rival $2bn offer from TA Associates agreed last month.
Read moreDirector dealings: Smiths Group CEO makes share purchase
4th Aug 2021 16:30
(Sharecast News) - Smiths Group revealed on Wednesday that chief executive Paul Keel had purchased 25,000 ordinary shares in the FTSE 100-listed engineer.
Read moreSmiths Group to sell medical unit to TA Associates for $2.3bn
2nd Aug 2021 17:31
(Sharecast News) - Engineer Smiths Group has agreed to sell its medical division to US private equity firm TA Associates for $2.3bn.
Read moreTuesday broker round-up
25th May 2021 13:07
(Sharecast News) - Travis Perkins: Deutsche Bank resumes coverage with a recommendation to hold and a target price of 1,707p.
Read moreSmiths Group taps Paul Keel for CEO
25th May 2021 08:11
(Sharecast News) - Engineering business Smiths Group said on Tuesday that after an extensive search, Paul Keel had been appointed to the company's board as chief executive officer, with immediate effect.
Read moreSmiths ups dividend after first-half profit drops
26th Mar 2021 07:02
(Sharecast News) - Smiths Group increased its interim dividend and said it was confident about meeting expectations for annual results after profit fell in the first half.
Read moreMonday broker round-up
1st Feb 2021 13:44
(Sharecast News) - Polymetal International: Berenberg reiterates buy with a target price of 2,310p.
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