Edition:
United Kingdom

Smiths Group PLC (SMIN.L)

SMIN.L on London Stock Exchange

1,384.00GBp
26 Mar 2019
Change (% chg)

-18.00 (-1.28%)
Prev Close
1,402.00
Open
1,404.00
Day's High
1,405.00
Day's Low
1,378.00
Volume
967,209
Avg. Vol
830,604
52-wk High
1,810.17
52-wk Low
1,256.74

Latest Key Developments (Source: Significant Developments)

Smiths Says Plans For Separation Of Smiths Medical, Separately List It In UK
Friday, 22 Mar 2019 

March 22 (Reuters) - Smiths Group PLC ::SMITHS GROUP PLC - SMITHS PLANS FOR SEPARATION OF SMITHS MEDICAL.SMITHS GROUP PLC - ANNOUNCES ITS INTENTION TO PURSUE A DEMERGER OF SMITHS MEDICAL BUSINESS AND SEPARATELY LIST IT IN UK.SMITHS GROUP PLC - SMITHS EXPECTS TO COMPLETE PROCESS DURING FIRST HALF OF CY2020, CONDITIONAL ON APPROVAL OF SMITHS' SHAREHOLDERS.SMITHS GROUP PLC - SMITHS DOES NOT FORESEE ANY POTENTIAL ROADBLOCKS IN EXECUTING DEMERGER.SMITHS GROUP PLC - SMITHS IS MAKING GOOD PROGRESS ON RECRUITMENT OF A SMITHS MEDICAL CEO.SMITHS GROUP PLC - STRATEGIC PLAN FOR SMITHS MEDICAL WILL BE FURTHER DEVELOPED WITH LEADERSHIP OVER COMING MONTHS.  Full Article

Smiths Group's HY Pretax Profit Falls to 174 Mln Stg From 200 Mln Stg
Friday, 22 Mar 2019 

March 22 (Reuters) - Smiths Group Plc ::HALF-YEAR REPORT.FY2019 OUTLOOK REAFFIRMED.PLANS ANNOUNCED FOR SEPARATION OF SMITHS MEDICAL, TO CREATE TWO STRONGER, INDUSTRY-LEADING COMPANIES .HY PRE-TAX PROFIT 216 MILLION STG VERSUS 218 MILLION STG A YEAR AGO.HY UNDERLYING REVENUE UP 2 PCT TO 1,573 MILLION STG.HY REPORTED REVENUE UP 2 PCT DRIVEN BY GOOD GROWTH IN JOHN CRANE, FLEX-TEK AND SMITHS INTERCONNECT.EXPECT TO CONTINUE TO DELIVER SUSTAINABLE UNDERLYING REVENUE GROWTH OF AT LEAST 2 PCT.BOARD HAS DECLARED AN INTERIM DIVIDEND OF 14.1P PER SHARE, UP 2.2 PCT.IN SMITHS MEDICAL, REGULATORY AND CONTRACT CHALLENGES ARE ABATING - AND CO ANTICIPATES REVENUE RETURNING TO GROWTH IN SECOND HALF.HY STATUTORY PRETAX PROFIT 174 MLN STG VS 200 MLN STG.  Full Article

Smiths Medical Issues Voluntary Nationwide Recall Of Sterile Water And Saline For Inhalation USP Products
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Smiths Medical::SMITHS MEDICAL ISSUES A VOLUNTARY NATIONWIDE RECALL OF STERILE WATER AND SALINE FOR INHALATION USP PRODUCTS.HAS NOT RECEIVED ANY REPORTS OF ADVERSE EVENTS ASSOCIATED WITH RECALL.PRODUCT ASSOCIATED WITH RECALL WAS DISTRIBUTED IN THE UNITED STATES TO DISTRIBUTORS AND HOSPITALS.NOTIFIED DISTRIBUTORS, CUSTOMERS VIA RECALL NOTICE ON SEP 5, 2017; MEDLINE INDUSTRIES NOTIFIED CUSTOMERS ON JAN 7, 2019.  Full Article

Smiths Group Unit Selected By U.S. Defense Dept. To Develop Chemical Detector
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Smiths Group PLC ::SMITHS DETECTION SELECTED BY U.S. DEPARTMENT OF DEFENSE TO DEVELOP CHEMICAL DETECTOR.  Full Article

Smiths Group To Buy United Flexible For $345 Mln
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Smiths Group PLC ::ACQUISITION.PROPOSED DEAL FOR ENTERPRISE VALUE OF $345 MLN.FURTHER STRENGTHENS FLEX-TEK WITH ACQUISITION OF UNITED FLEXIBLE FOR $345M.AGREEMENT TO ACQUIRE UNITED FLEXIBLE.ACQUISITION CONSIDERATION WILL BE PAYABLE FROM EXISTING CASH AND BANK FACILITIES.  Full Article

Smiths Group Says Smiths Detection Secures Multiple Contracts To Deliver Enhanced Detection Solutions
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Smiths Group PLC ::SECURES MULTIPLE CONTRACTS TO DELIVER ENHANCED DETECTION SOLUTIONS AND BOLSTER CHINA'S SECURITY MEASURES.  Full Article

Smiths Group Says FY Revenue 3.21 Bln Stg, Up 2 Pct
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Smiths Group PLC ::FY REVENUE 3.213 BILLION STG VERSUS 3.28 BILLION STG YEAR AGO.FY HEADLINE REVENUE 3,213 MILLION STG VERSUS 3,280 MILLION STG.PROPOSED FINAL DIVIDEND OF 30.75 PENCE PER SHARE..FY HEADLINE PRE-TAX PROFIT 487 MILLION STG VERSUS 528 MILLION STG.FY STATUTORY PRE-TAX PROFIT 435 MILLION STG VERSUS 601 MILLION STG.$30M SYNERGIES FROM THE MORPHO ACQUISITION WILL BE DELIVERED AHEAD OF SCHEDULE.IN FY2019 WE ANTICIPATE AT LEAST SUSTAINING RATE OF UNDERLYING REVENUE GROWTH.GROUP PERFORMANCE IN FY2019 IS EXPECTED TO BE WEIGHTED TOWARDS SECOND HALF.SMITHS GROUP - AGREEMENT TO SELL SMITHS MEDICAL'S STERILE WATER BOTTLING BUSINESS FOR $40M.SMITHS GROUP - IN FY2019 FOREIGN EXCHANGE WILL PROVIDE A TAILWIND TO REPORTED HEADLINE REVENUE AND OPERATING PROFIT, IF CURRENT RATES PREVAIL..SMITHS - AGREED SALE OF STERILE WATER BOTTLING BUSINESS TO AMSINO HEALTHCARE EXPECTED TO COMPLETE IN FIRST HALF OF FY2019.IN SMITHS MEDICAL, REGULATORY AND CONTRACT CHALLENGES WILL PROGRESSIVELY ABATE IN FY 2019.IN SMITHS MEDICAL, ANTICIPATE REVENUE RETURNING TO GROWTH IN THE SECOND HALF OF FY 2019.  Full Article

Smiths Group Ends Talks On Merger Of Smiths Medical With ICU Medical
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Smiths Group Plc ::STATEMENT RE SMITHS MEDICAL.DISCUSSIONS WITH ICU MEDICAL HAVE ENDED BECAUSE PARTIES HAVE BEEN UNABLE TO AGREE TERMS OF A COMBINATION.WILL CONTINUE TO REVIEW ALL OPTIONS FOR ITS BUSINESSES TO ENHANCE ITS LEADERSHIP POSITIONS AND OPTIMISE VALUE FOR SMITHS SHAREHOLDERS.REMAIN CONFIDENT THAT STRATEGY FOR SMITHS MEDICAL WILL "DRIVE MARKET OUTPERFORMANCE".SMITHS MEDICAL WILL CONTINUE TO CAPITALISE ON INCREASED INVESTMENT THAT IT IS MAKING IN NEW PRODUCT DEVELOPMENT.SMITHS MEDICAL TO CONTINUE STRATEGY TO FOCUS ON ORGANIC GROWTH, INVESTING IN RESEARCH AND DEVELOPMENT.  Full Article

Smiths Group, ICU Medical In Talks About Healthcare Merger - Source
Sunday, 27 May 2018 

May 27 (Reuters) - :SMITHS GROUP, ICU MEDICAL IN TALKS ABOUT HEALTHCARE MERGER - SOURCE.  Full Article

Smiths Group to sell John Crane's Bearings business to Miba AG
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Smiths Group Plc ::DIVESTMENT OF JOHN CRANE'S BEARINGS BUSINESS.‍DIVESTS JOHN CRANE'S BEARINGS BUSINESS FOR $35M​.  Full Article

Smiths Group PLC News

Smiths plans to list medical unit, focus on industrial technology

Smiths Group Plc plans to list its healthcare business, which makes respiratory devices and catheters, as it focuses on industrial technology services.

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