skip to content

Annual Results

Smiths Group underlying revenue broadly in line

22 September 2017 07:44

Smiths Group said group underlying revenue was broadly in line with the prior year, up 11% on a reported basis in the year to 31 July 2017.


- Underlying headline operating profit up 3%, and up 16% on a reported basis

- Margin expansion in all divisions combined with increased investment

- Operational excellence supporting strong cash conversion of 118%

- Significant portfolio upgrading

- c.75% of the group now well-positioned in growth markets

- Increased investment in all divisions to drive future growth, up 60bps to 4.6% of sales

- Four non-core businesses sold

- Morpho Detection acquisition integration on track

- Balance sheet remains strong with further investment capacity for sustainable growth

- ROCE up 90bps with increases in all divisions

- Headline basic EPS up 15% at 97.6p per share

- Proposed final dividend of 29.7p per share. Full year dividend growth of 3%

Story provided by

Related Company: SMIN

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.