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Smiths Group plc ( (GB:SMIN) ) has issued an announcement.
Smiths Group plc has acknowledged a letter from Engine Capital LP, a shareholder, and emphasizes its commitment to creating shareholder value. The company reported strong performance with upgraded guidance for Q1 FY2025, projecting 6-8% organic revenue growth and a 40-60bps margin improvement, highlighting its positive trajectory in enhancing financial metrics.
More about Smiths Group plc
Smiths Group plc is an engineering company with a history of over 170 years, focusing on creating a safer, more efficient, productive, and better-connected world. It operates in four global markets: energy, safety & security, aerospace & defence, and general industrial. The company is listed on the London Stock Exchange and employs approximately 15,000 people across more than 50 countries.
YTD Price Performance: 2.68%
Average Trading Volume: 976,368
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £6.03B
See more insights into SMIN stock on TipRanks’ Stock Analysis page.
