Record Organic Revenue Growth
Fiscal year 2025 marks the fourth consecutive year of organic revenue growth, with group organic revenue up 8.9%, exceeding the 6% to 8% guidance.
Operating Profit Margin Expansion
Operating profit margin expanded by 60 basis points to 17.4%, at the top end of the guidance of 40 to 60 basis points.
Strong Cash Generation
Operating cash conversion was 99%, with GBP 576 million in cash generated, reflecting disciplined cash and working capital management.
Successful Acquisitions and Shareholder Returns
Smiths invested GBP 121 million on acquisitions and increased returns to shareholders with a 5.1% dividend increase, marking 74 consecutive years of dividend payments.
Positive Outlook for Fiscal Year 2026
A strong order book supports expectations for 4% to 6% organic revenue growth with continuing margin expansion in fiscal year 2026.
Smiths Detection and Interconnect Performance
Smiths Detection revenue increased by 15.2% organically, while Smiths Interconnect sales grew by 22.5% organically, both showing strong performance.