Smiths Group PLC

SMIN

Equity

ISIN GB00B1WY2338 / Valor 3117347

LSE London Stock Exchange, SETS (2024-12-23)

GBP 17.25-0.29%

Smiths Group PLC
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About company

Smiths Group PLC is a global engineering company that has been in operation for over 170 years. The company focuses on creating innovative solutions to improve safety, efficiency, and connectivity in various industries. With a strong emphasis on engineering excellence, Smiths Group PLC offers a wide range of products and services to meet the needs of its customers worldwide.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Smiths Group PLC reported a strong financial performance for the full year ending 31 July 2024, with organic revenue growth of 5.4%. This growth was achieved against a record comparator, demonstrating the company's robust market position and effective strategy execution.

Operating Profit Margin

The company achieved a headline operating profit margin of 16.8%, reflecting a 30 basis points increase from the previous year. This improvement highlights Smiths Group PLC's focus on enhancing operational efficiency and profitability.

Earnings Per Share

Smiths Group PLC reported an 8.3% growth in headline earnings per share (EPS), reaching 105.5p. This increase underscores the company's successful financial management and ability to deliver value to shareholders.

Cash Conversion and Balance Sheet

The company achieved a headline operating cash conversion rate of 97%, indicating strong cash flow management. Additionally, Smiths Group PLC maintained a solid balance sheet with a net debt to EBITDA ratio of 0.3x, supporting its financial stability and strategic investments.

Dividend and Outlook

Smiths Group PLC proposed a final dividend of 30.2p, marking a 5.2% increase from the previous year. Looking ahead, the company expects organic revenue growth of 4-6% for FY2025, with continued margin expansion, reaffirming its medium-term financial targets and strategic focus on growth and execution.

Summarized from source with an LLMView Source

Key figures

-2.35%1Y

8.94%3Y

1.22%5Y

Performance

19.9%1Y

20.7%3Y

29.6%5Y

Volatility