Smiths Group releases transcript of FY2026 results briefing

Bitget2026/09/22 11:28

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Smiths management briefed investors on FY2026 results, with remarks from CEO Roland Carter and CFO Julian Fagge.
Portfolio reshaped via Smiths Interconnect and Smiths Detection disposals, crystallising £3.3 billion enterprise value; acquisition of DRC for £165 million.
Launch of a process to divest John Crane’s US legacy asbestos liability; annual net asbestos cash outflow averaged around £20 million.
Continuing operations organic revenue rose 1.2% to £1.9 billion; headline operating profit £399 million; margin 20.6%; headline EPS 86.8 pence.
FY2027 guidance: organic revenue growth around 4%; headline operating margin about 21%; operating cash conversion in the low 90s range.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smiths Group plc published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Smiths Group releases transcript of FY2026 results briefing

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