Smiths Group (SMIN · LSE)

IndustrialsLSE

Smiths sheds the sprawl, backs buybacks, and aims for a clean rerate

Sharper focus, higher returns: Smiths trims complexity to unlock rerating.

Smiths Group PLC

SMIN: LSE

2607.00 GBp

+9.91%

year to date

Source: Finnhub

Market Cap£7.23B

Avg Volume553.89K

PriceGBp2,607.00-0.57%

P/E Ratio3.67ttm

Yield2.53%

Pricing delayed 20 minutes Oct 23, 2026, 12:00 AM

Focused Industrial Tech Platform
Portfolio streamlining unlocks growth and leadership in flow and heat management.
Resilient Growth, Margin, and Returns
Operating discipline increases organic growth, margin, and shareholder value.
Embedded Sustainability and Innovation
Smiths' climate-aligned technologies drive new contracts and industry credibility.

Execution and Scale
Execution missteps in divestments reduce scale, diversity, and resilience.
Supply Chain Shock
Global supply chain shocks threaten production flow and corporate reputation.
Regulatory and Contractual Exposure
Regulatory lapses or contract failures risk fines and big customer losses.