SM
Smiths Group plc
SMIN.L
Reported:
Key takeaways
- Fourth consecutive year of organic revenue growth, achieving 8.9% vs. guidance of 6-8%.
- Operating profit margins expanded by 60 basis points to 17.4%; earnings per share increased 14.8%.
- Completed three accretive acquisitions and returned GBP 460 million to shareholders through buybacks and dividends.
- Strategic separation of Smiths Interconnect is underway, enhancing focus on core industrial technologies.
- Positive outlook for FY 2026 with expected organic revenue growth of 4-6% and continuing margin expansion.