Konstantin Yanov
Hi eToro Network, Reaching out to share some news and thoughts about $SMIN.L (Smiths Group) . British engineering company Smiths Group Plc. posted results for the first half of the fiscal year today as the key takeaways are: ✔ pre-tax profit of 228 million pounds compared to 171 million pounds in the same period last year ✔ headline profit before tax of 256 million pounds compared to 228 million pounds in the same period last year ✔ profit for the period of 48.7 pence per share compared to 32.0 pence per share in the same period last year ✔ total revenues for the period of 1.608 billion pounds compared to 1.507 billion pounds in the same period last year Looking ahead: ✔ Company reaffirmed its annual revenue growth forecast of 6%-8% ✔ Company declared interim dividend of 14.23 pence per share, a 5% increase from last year`s dividend. Ex-date: 04 April 2025; Pay-date: 14 May 2025 CEO notes: ✔ Demand for our products is higher ✔ On the possibility of possible listing in the U.S.: "We never say never. We've been listed for over 110 years on the London Stock Exchange. So ... we intend to remain a $UK100 company for now." ✔ On the plans of spinning off the business that makes airport baggage-screening kits and explosives detectors and selling of the unit which supplies electronic components: "The separation processes ... are progressing with pace and rigour" ✔ On future focus: $SMIN.L to emphasize on its industrial businesses as it it had bought a U.S.-based metal duct manufacturer for heating, ventilation & air conditioning (HVAC) applications for 40.5 million $ Personal view: ✔ Financial results and future guidance not extraordinary but solid ✔ Market conditions in which the company operates medical, security and defence, industrial, energy, and aerospace are rather sensitive and some volatility is in the cards, but I rather expect steady growth at least in the mid to long term Best Regards, Konstantin
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