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Smiths Group
Smiths Group (SMIN) investor relations material
Smiths Group Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary19 Nov, 2025
Executive summary
Q1 FY2026 organic revenue growth for continuing operations was +3.5%, aligning with expectations and following a strong +12.9% comparator in Q1 FY2025.
FY2026 guidance reaffirmed, targeting full-year organic revenue growth of 4-6% and continued margin expansion, supported by the Acceleration Plan.
Announced sale of Smiths Interconnect for £1.3bn and a new £1bn share buyback to commence after the current £500m programme concludes.
Ongoing strategic focus on reshaping the business as a high-performance industrial engineering company.
Financial highlights
Organic revenue growth for continuing operations was +3.5% for Q1 FY2026.
Smiths Detection achieved double-digit organic revenue growth, maintaining strong order momentum.
Smiths Interconnect continued strong performance in aerospace, defence, and semiconductor test markets.
Outlook and guidance
FY2026 guidance reaffirmed: organic revenue growth of 4-6% and margin expansion.
Growth outlook supported by a robust and expanding order book in both original equipment and aftermarket.
John Crane project timing uncertainties impact?
Smiths Detection sale/demerger timeline?
New buyback impact on growth investments?
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Latest events from Smiths Group
- Strong FY2024 growth, margin expansion, and positive FY2025 outlook with strategic acquisitions.SMIN
H2 202420 Jan 2026 - Portfolio refocus, major divestments, and £500m buyback to unlock shareholder value.SMINInvestor Update9 Jan 2026
- Strong H1 2025 growth, margin expansion, and portfolio actions drive value creation.SMINH1 20251 Dec 2025
- Strong FY25 results, margin expansion, and strategic actions set up continued growth for FY26.SMINH2 202523 Sep 2025
- Q1 FY2025 organic revenue up 15.8%, guidance raised, and share buyback increased to £150m.SMINQ1 2025 TU13 Jun 2025
- Smiths Group lifts FY2025 guidance after strong Q3 growth and advances strategic separations.SMINTrading Update6 Jun 2025
- Smiths Group raises FY2025 growth guidance and appoints Julian Fagge as new CFO.SMINTrading Update6 Jun 2025
Next Smiths Group earnings date
H1 202620 Mar, 2026
Smiths Group
Next Smiths Group earnings date
H1 202620 Mar, 2026
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