Smiths Group releases transcript of FY2026 results briefing

By Public Technologies
  • Smiths management briefed investors on FY2026 results, with remarks from CEO Roland Carter and CFO Julian Fagge.
  • Portfolio reshaped via Smiths Interconnect and Smiths Detection disposals, crystallising £3.3 billion enterprise value; acquisition of DRC for £165 million.
  • Launch of a process to divest John Crane’s US legacy asbestos liability; annual net asbestos cash outflow averaged around £20 million.
  • Continuing operations organic revenue rose 1.2% to £1.9 billion; headline operating profit £399 million; margin 20.6%; headline EPS 86.8 pence.
  • FY2027 guidance: organic revenue growth around 4%; headline operating margin about 21%; operating cash conversion in the low 90s range.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smiths Group plc published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.