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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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Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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Frequently asked questions
Smiths Group plc is a global engineering company operating across multiple sectors, including healthcare, energy, aerospace, and industrial markets. The company is organized into divisions such as John Crane (fluid management solutions), Smiths Detection (security and threat detection systems), Smiths Interconnect (connectivity solutions), Flex-Tek (thermal management and flexible solutions), and Smiths Medical (medical devices and technologies). The company is headquartered in London, United Kingdom, and its shares are listed on the LSE (London Stock Exchange).
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