Response to shareholder letter

Smiths Group PLC

17 January 2025

 

17 January 2025

SMITHS GROUP PLC

Response to shareholder letter

Following a meeting yesterday, the Board of Smiths Group plc (the "Company" or "Smiths") acknowledges receipt of a letter early this morning from Engine Capital LP, a shareholder in the Company.

The Board welcomes feedback from all shareholders and continues to have a clear focus on creating shareholder value.

Smiths is performing strongly, with an upgrade to guidance in Q1 FY2025, and a second upgrade in guidance to 6-8% organic revenue growth and 40-60bps margin improvement announced on 14 January 2025.

Legal Entity Identifier (LEI): 213800MJL6IPZS3ASA11 

ENDS

IR contacts

Siobhán Andrews, Smiths Group 

[phone] 

[e-mail]

Ana Pita da Veiga, Smiths Group

[phone]

[e-mail]

Media contacts 

Tom Steiner, Smiths Group                                                         Alex Le May, FTI Consulting 
[phone]                                                                          [phone] 
[e-mail]                                                            [e-mail]

About Smiths Group

For over 170 years, Smiths has been pioneering progress by engineering a better future. We serve millions of people every year, to help create a safer, more efficient and productive, and better-connected world across four global markets: energy, safety & security, aerospace & defence, and general industrial. Listed on the London Stock Exchange, Smiths employs c.15,000 colleagues in over 50 countries. For more information visit www.Smiths.com

 

END