Edition:
United Kingdom

Smiths Group PLC (SMIN.L)

SMIN.L on London Stock Exchange

1,579.50GBp
15 Aug 2018
Change (% chg)

-18.50 (-1.16%)
Prev Close
1,598.00
Open
1,602.00
Day's High
1,607.50
Day's Low
1,574.50
Volume
701,552
Avg. Vol
1,137,194
52-wk High
1,810.17
52-wk Low
1,354.00

Latest Key Developments (Source: Significant Developments)

Smiths Group Underlying Rev For 11 Months Ended June 30 Rose 3 Pct
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Smiths Group PLC ::RETURNED TO GROWTH WITH REVENUE FOR 11 MONTHS ENDED 30 JUNE UP 3%, ON AN UNDERLYING BASIS.GROUP, WITH EXCEPTION OF SMITHS MEDICAL, IS EXPECTED TO DELIVER A FULL YEAR PERFORMANCE IN LINE WITH EXPECTATIONS.AHEAD OF NEW EU MEDICAL DEVICE REGULATION, 1 OF SMITHS MEDICAL'S EUROPEAN NOTIFIED BODY SERVICE PROVIDERS DECERTIFIED FOR SOME PRODUCT.DECERTION OF SOME PRODUCTS LED TO TEMPORARY SUSPENSION OF SOME PRODUCTS IN EUROPE.DUE TO PRODUCT SUSPENSION & TERMINATION OF 2 CONTRACTS IN US, DIVISION NOW EXPECTED TO DELIVER 2% REVENUE DECLINE FOR FULL YEAR."WITH GROUP NOW BACK IN GROWTH, WE EXPECT FY2019 TO BE ANOTHER YEAR OF PROGRESS".REMAIN CONFIDENT THAT OVER MEDIUM TERM CO WILL ACHIEVE SUSTAINABLE ORGANIC REVENUE GROWTH ABOVE OUR CHOSEN MARKETS.  Full Article

Smiths Group says Is In Very Early Stage Discussions About Potential Combination Of Its Medical Division With ICU Medical
Sunday, 27 May 2018 

May 27 (Reuters) - Smiths Group Plc :SMITHS GROUP PLC SAYS IS IN VERY EARLY STAGE DISCUSSIONS ABOUT A POTENTIAL COMBINATION OF ITS MEDICAL DIVISION WITH ICU MEDICAL.SMITHS GROUP SAYS NO CERTAINTY THAT A TRANSACTION WILL BE CONCLUDED; BOARD OF SMITHS ROUTINELY REVIEWS ALL OPTIONS FOR GROUP'S PORTFOLIO OF BUSINESSES.  Full Article

Smiths Group says ‍unit receives $7.1 mln order
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Smiths Group Plc ::Says ‍unit receives order for vehicle scanning technologies from U.S. Customs and border protection totaling $7.1 million​.  Full Article

Smiths Group Q1 underlying revenue falls 2 pct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Smiths Group Plc :SMITHS GROUP - ‍REVENUE DURING Q1 DECREASED 2% ON UNDERLYING BASIS, PRIMARILY DUE TO ORDER TIMING.SMITHS GROUP PLC - ‍MANAGEMENT EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED, WITH GROUP RETURNING TO GROWTH FOR FY2018​.SMITHS GROUP PLC - ‍DURING PERIOD, FURTHER STEPS WERE TAKEN TO DE-RISK GROUP'S PENSION LIABILITIES THROUGH A £207 MILLION BULK ANNUITY BUY-IN AGREEMENT​.SMITHS GROUP PLC - ‍OVER 95 PCT OF GROUP'S TOTAL PENSION LIABILITIES ARE NOW HEDGED THROUGH OUR LIABILITY INVESTMENT STRATEGY​.  Full Article

Bodycote appoints Anne Quinn as non-executive chairman
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Bodycote Plc ::BODYCOTE PLC - ‍HAS APPOINTED ANNE QUINN CBE AS NON-EXECUTIVE CHAIRMAN WITH EFFECT FROM 1 JANUARY 2018​.BODYCOTE PLC - ‍ALAN WILL STEP DOWN AS CHAIRMAN AND RETIRE AS A DIRECTOR ON 31 DECEMBER 2017​.BODYCOTE PLC - ‍ANNE IS CURRENTLY A NON-EXECUTIVE DIRECTOR OF SMITHS GROUP PLC, HAVING JOINED BOARD IN 2009​.  Full Article

Smiths Group says extends pension de-risking
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Smiths Group Plc ::‍TRUSTEE OF SMITHS INDUSTRIES PENSION SCHEME HAS ENTERED INTO A BULK ANNUITY BUY-IN AGREEMENT WITH CANADA LIFE​.‍BUY-IN POLICY COVERS LIABILITIES TOTALLING £207M RELATING TO OVER 2,000 LEGACY SCHEME PENSIONERS AND DEPENDANTS​.‍THROUGH A SERIES OF BUY-INS, AROUND £0.5BN OF SMITHS INDUSTRIES PENSION SCHEME LIABILITIES HAS NOW BEEN INSURED​.  Full Article

Smiths Group ‍appoints John Shipsey as CFO designate
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Smiths Group Plc ::‍APPOINTMENT OF JOHN SHIPSEY AS CHIEF FINANCIAL OFFICER DESIGNATE ON 18 OCTOBER 2017​.‍JOHN WILL BE APPOINTED TO BOARD AND TAKE OVER AS CHIEF FINANCIAL OFFICER ON 1 JANUARY 2018​.  Full Article

Smiths Group expect group performance to be weighted towards second half
Friday, 22 Sep 2017 

Sept 22 (Reuters) - SMITHS GROUP PLC ::FINAL DIVIDEND 29.7 PENCEPER SHARE.TOTAL DIVIDEND UP 3 PERCENT TO 43.25 PENCEPER SHARE.FY REVENUE ‍3,280​ MILLION POUNDS VERSUS 2,949 MILLION POUNDS A YEAR AGO.FY HEADLINE PRE-TAX PROFIT ‍528​ MILLION POUNDS VERSUS 451 MILLION POUNDS A YEAR AGO.FY UNDERLYING HEADLINE OPERATING PROFIT UP 3%, AND UP 16% ON A REPORTED BASIS.MORPHO DETECTION ACQUISITION INTEGRATION ON TRACK.‍EXPECT GROUP PERFORMANCE TO BE WEIGHTED TOWARDS SECOND HALF​.‍EXPECT INTRODUCTION OF NEW PRODUCTS DURING YEAR TO SUPPORT A GRADUAL IMPROVEMENT IN SMITHS MEDICAL​.IN SMITHS DETECTION, ANTICIPATE A STRONG SECOND HALF DRIVEN BY AIR TRANSPORTATION.  Full Article

Smiths Group says to sell explosive trace detection business for $75.5 mln
Thursday, 1 Jun 2017 

June 1 (Reuters) - Smiths Group Plc ::Has entered into a binding agreement with Osi Systems, Inc to sell explosive trace detection business formerly owned by Morpho Detection.Sale for an enterprise value of $75.5 million.Sale is conditional upon regulatory approval in Portugal and approval by EC and DOJ of OSI Systems, Inc as a suitable purchaser.  Full Article

OSI Systems to acquire Explosive Trace Detection unit from Smiths Group
Thursday, 1 Jun 2017 

June 1 (Reuters) - OSI Systems Inc :OSI Systems enters into definitive agreement to acquire Explosive Trace Detection (etd) business from Smiths Group Plc.OSI Systems Inc - deal for $75.5 million in cash.OSI Systems Inc - deal for expected to be accretive to fiscal year 2018 non-GAAP diluted earnings per share.OSI Systems Inc - expects to fund acquisition with a combination of balance sheet cash and borrowings from its existing $525 million credit facility.  Full Article

Smiths Group PLC News

Deals of the day-Mergers and acquisitions

Aug 8 The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday:

» More SMIN.L News

Market Views

» More SMIN.L Market Views

Earnings vs. Estimates

» More Financials