21.05.2024 08:58:19 - dpa-AFX: Smiths Group Reports Q3 Organic Revenue Growth Of 7.7%

LONDON (dpa-AFX) - Smiths Group plc (SMIN.L), on Tuesday, reported that its
Q3 organic revenue growth advanced to 7.7% bringing organic revenue growth for
the nine months to 3 May 2024 to 5.2%, reflecting four extra trading days in the
third quarter and adjusting for this, the organic revenue growth on a comparable
basis was 6.1%.

Given the Group's performance progression and a strong order book, the company
again reaffirmed its FY2024 guidance of full-year organic revenue growth of
4%-6%, with continued margin expansion.

The third quarter performance reflected strong demand in John Crane, Smiths
Detection and Flex-Tek aerospace and the gradually improving market conditions
in Flex-Tek construction and Smiths Interconnect.

Roland Carter, Chief Executive Officer, said, 'In my first quarter as CEO, I am
pleased to report that organic revenue growth stepped up, as we expected. We
continued to deliver strong results, building further on last year's record
performance and our solid first half. Our strategy of accelerating growth,
improving execution and investing in our people is driving performance.'



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
SMITHS GROUP PLC LS -,375 A0MSHN Frankfurt 20,140 27.06.24 09:13:12 +0,040 +0,20% 20,260 20,620 20,140 20,100

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