- Smiths Group reported a higher-than-expected group operating profit of GBP 580 million, surpassing the estimate of GBP 572.9 million.
- John Crane’s headline operating profit was slightly below expectations at GBP 265 million compared to the estimated GBP 265.5 million.
- Smiths Detection exceeded its operating profit projections, recording GBP 122 million against the estimate of GBP 118.8 million.
- Significant growth at Smiths Interconnect, with a 53% year-over-year increase, reaching GBP 75 million, outperforming the estimated GBP 69.6 million.
- Flex-Tek underperformed slightly with operating profits of GBP 164 million versus the expected GBP 170.3 million.
- Overall group operating margin was 17.4%, slightly above the estimate of 17.3%.
- Headline pretax profit from continuing operations increased by 7.7% year-over-year, totaling GBP 474 million.
- Revenues for the group reached GBP 3.34 billion, exceeding the estimate of GBP 3.32 billion.
- Organic revenue growth was 8.9%, surpassing the forecast of 7.67%.
- For 2026, the company forecasts organic revenue growth in the range of 4% to 6%, compared to an estimate of 5.3%.
- The group remains confident in achieving its medium-term financial targets, citing strong momentum heading into the next year.
- Plans are in place for the sale of Smiths Interconnect by the end of 2025, with a UK demerger or sale of Smiths Detection to follow.
- The Annual Acceleration Plan is progressing, with GBP 22 million of costs incurred in FY2025; benefits between GBP 40-45 million are expected from FY2027 onwards.
- Shares rose by 4.5% to GBp2,486 with 105,364 shares traded, reflecting investor confidence.
“`
Smiths on Smartkarma
Analyst coverage of Smiths on Smartkarma indicates a bullish sentiment from Upslope Capital Management. According to their recent report titled “Upslope’s Quarterly Investor Letter: 2025-Q2 Update,” Q2 exhibited volatile market movements driven by tariff announcements and subsequent relief extensions. Although initial market slumps were observed, the rebound was significant as doubts arose regarding the widespread implementation of harsh tariffs. The report highlights that the absence of severe tariffs has been favorable for market dynamics and valuations, albeit leading to frothiness in the current market environment.
A look at Smiths Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Smiths Group plc, a global technology company, is positioned for a favorable long-term outlook according to Smartkarma Smart Scores. With a robust Growth score of 5, Smiths demonstrates strong potential for expansion and development in the coming years. This indicates a positive trajectory for the company’s market presence and revenue growth.
Additionally, Smiths shows a solid Momentum score of 4, suggesting positive market sentiment and potential for continued upward movement. While the company’s Value and Dividend scores are moderate at 2, its Resilience score of 3 indicates a steady ability to withstand market fluctuations. Overall, with a combination of high Growth and Momentum scores, Smiths appears well-positioned for long-term success in its target markets.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
