Smiths Group (SMIN)

Sector:

Manufacturing

Index:

FTSE 100

1,577.00p
   
  • Change Today:
      1.50p
  • 52 Week High: 1,692.00
  • 52 Week Low: 1,279.50
  • Currency: UK Pounds
  • Shares Issued: 396.18m
  • Volume: 827,830
  • Market Cap: £6,248m
  • RiskGrade: 106
  • Beta: 0.16

Acquisitions boost Smiths Group FY profits

By Duncan Ferris

Date: Friday 20 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Smiths Group on Friday reported a 13% rise in full year profits, driven by acquisitions and favourable currency conditions.
The engineering business reported revenue of £2.5bn for the year ended 31 July, up 7%, as all divisions delivered growth, except for Smiths Detection where some large orders were deferred to 2020.

Revenue from higher margin regions climbed 9%, driving profit before tax to £376m. New purchases United Flexible and Advanced Diamond Technologies contributed £12m to pre-tax profits.

The separation of Smiths Medical was progressing well, the company said, with the division's revenue rising by 2% in the second half as its demerger remained on course to be completed by the end of the first half of the new financial year.

The company proposed a final dividend of 31.80 pence per share for a total of 45.90p, up 3%.

Smiths Group shares were up 0.18% at 1,643.00p at 0804 BST.

(Writing by Frank Prenesti; Editing by Michele Maatouk and Josh White)

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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 1,577.00p
Change Today 1.50p
% Change 0.10 %
52 Week High 1,692.00
52 Week Low 1,279.50
Volume 827,830
Shares Issued 396.18m
Market Cap £6,248m
Beta 0.16
RiskGrade 106

Smiths Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.01% below the market average71.01% below the market average71.01% below the market average71.01% below the market average71.01% below the market average
86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average86.67% below the sector average
Price Trend
65.25% above the market average65.25% above the market average65.25% above the market average65.25% above the market average65.25% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average
Income
21.34% below the market average21.34% below the market average21.34% below the market average21.34% below the market average21.34% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
75.96% below the market average75.96% below the market average75.96% below the market average75.96% below the market average75.96% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 6
Buy 0
Neutral 7
Sell 1
Strong Sell 1
Total 15
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
  Final Interim
Ex-Div 17-Oct-19 04-Apr-19
Paid 15-Nov-19 26-Apr-19
Amount 31.80p 14.10p

Trades for 18-Oct-2019

Time Volume / Share Price
16:47 600 @ 1,572.33p
16:35 407,025 @ 1,577.00p
16:29 368 @ 1,575.50p
16:29 43 @ 1,576.00p
16:29 80 @ 1,576.00p

Smiths Group Key Personnel

Chair George Buckley
CEO Andrew Reynolds Smith
CFO John Shipsey

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