OverviewSuggest Edit

Smiths Group is a company that designs, manufactures and sells various products and services for the threat and contraband detection, medical devices, energy, communications, and engineered components markets. It operates through John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek divisions. The John Crane division offers engineered products and services comprising mechanical seals, seal support systems, engineered bearings, power transmission couplings, and specialist filtration systems. The Smiths Medical division provides specialty medical devices and consumables. The Smiths Detection division offers detection technologies comprising sensors and systems that detect and identify explosives, narcotics, weapons, and chemical agents. The Smiths Interconnect division provides electronic and radio frequency board-level and waveguide devices, connectors, cables, test sockets, and sub-systems. The Flex-Tek division offers engineered components that heat and move fluids and gases for aerospace, consumer products, construction, medical, and industrial applications.

TypePublic
Founded1851
HQLondon, GB
Websitesmiths.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Jul 2019)22,000(+2%)
Revenue (FY, 2019)£2.5 B(-22%)
Share Price (May 2020)£1.2 K(-2%)

Key People/Management at Smiths Group

Andy Reynolds Smith

Andy Reynolds Smith

Chief Executive
Bill Seeger

Bill Seeger

Senior Independent Director
John Shipsey

John Shipsey

CFO
George Buckley

George Buckley

Chairman
Pam Cheng

Pam Cheng

Non-Executive Director
Karen Bomba

Karen Bomba

President, Smiths Interconnect
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Smiths Group Office Locations

Smiths Group has offices in London, Lancing, Manchester, Niles and in 2 other locations
London, GB (HQ)
4th Floor 11 St James's Square
Lancing, GB
Aspect House, Spencer Rd
London, GB
2 Riding House St, Marylebone
Manchester, GB
Saint James House, 7 Charlotte St
Niles, US
6400 W Oakton St
Plymouth, US
6000 Nathan Ln N
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Smiths Group Financials and Metrics

Smiths Group Revenue

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Smiths Group's revenue was reported to be £2.50 b in FY, 2019 which is a 22.3% decrease from the previous period.
GBP

Revenue (H1, 2020)

1.2b

Gross profit (H1, 2020)

509.0m

Gross profit margin (H1, 2020), %

41%

Net income (H1, 2020)

160.0m

EBIT (H1, 2020)

145.0m

Market capitalization (21-May-2020)

4.9b

Closing stock price (21-May-2020)

1.2k

Cash (31-Jan-2020)

206.0m

EV

6.2b
Smiths Group's current market capitalization is £4.9 b.
Annual
GBPFY, 2017FY, 2018FY, 2019

Revenue

3.3b3.2b2.5b

Revenue growth, %

11%(2%)(22%)

Cost of goods sold

1.8b1.7b1.4b

Gross profit

1.5b1.5b1.1b
Half Year
GBPH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

1.6b1.5b1.6b1.2b

Cost of goods sold

870.0m838.0m856.0m731.0m

Gross profit

747.0m711.0m717.0m509.0m

Gross profit Margin, %

46%46%46%41%
Annual
GBPFY, 2017FY, 2018FY, 2019

Cash

782.0m717.0m289.0m

Accounts Receivable

653.0m701.0m574.0m

Inventories

452.0m466.0m417.0m

Current Assets

2.0b2.0b2.7b
Half Year
GBPH1, 2017H1, 2018H1, 2019H1, 2020

Cash

816.0m591.0m480.0m206.0m

Inventories

484.0m439.0m513.0m470.0m

Current Assets

2.0b1.7b1.8b2.5b

PP&E

319.0m291.0m324.0m218.0m
Annual
GBPFY, 2017FY, 2018FY, 2019

Net Income

572.0m279.0m142.0m

Depreciation and Amortization

119.0m126.0m137.0m

Inventories

52.0m(17.0m)(48.0m)

Accounts Payable

16.0m21.0m66.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019H1, 2020

Net Income

303.0m104.0m121.0m145.0m

Depreciation and Amortization

58.0m65.0m61.0m55.0m

Inventories

(2.0m)(18.0m)(50.0m)(98.0m)

Accounts Payable

(28.0m)(31.0m)(16.0m)(78.0m)
GBPY, 2020

EV/EBIT

42.9 x

EV/CFO

33.2 x

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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Smiths Group Operating Metrics

FY, 2016FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020

Adjusted Claims

247 k273 k275 k277 k281 k285 k287 k

Countries

200 200 50 50 50

Locations

350 350

Suppliers

12 k
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Smiths Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Morpho DetectionApril 21, 2016$710 m
DHD HoldingJuly 02, 2004
Allrizon-Tongguang Communications Equipment (Shanghai) Co., Ltd.
CDI Energy Services, Inc.
Dowty Rotol
ETI Technology, Inc.
Farran Technology
Flexible Technologies, Inc.
Flexibox International Limited
Flexibox Limited
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Smiths Group Revenue Breakdown

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Smiths Group revenue breakdown by business segment: 17.5% from Flex-Tek, 12.8% from Smiths Interconnect, 31.9% from Smiths Detection and 37.8% from John Crane

Smiths Group revenue breakdown by geographic segment: 16.4% from Asia-Pacific, 49.8% from Americas, 11.5% from Rest of the World and 22.3% from Europe

Smiths Group Online and Social Media Presence

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Smiths Group News and Updates

Smiths Group Boosts Production of Ventilators in U.K. Amid Virus

Smiths Group Boosts Production of Ventilators in U.K. Amid Virus

UPDATE 1-UK's Smiths Group chief likely to step down next year -report

Smiths Group Plc's Chief Executive Andy Reynolds Smith will likely step down next year after a demerger of its medical unit, the Sunday Times reported.

Smiths Group puts medical equipment business up for sale: Bloomberg

Smiths Group has put its medical equipment business on the block, Bloomberg reported. First round bids are expected for the unit by the end of the year, the story said. Smiths’s medical equipment business could sell for more than $3 billion, Bloomberg said.

Global technology company Smiths Group today announced that its guidance fo

Global technology company Smiths Group today announced that its guidance for the year remained unchanged, based on a strong first [...] The post Smiths Group shares jump on the back of strong first quarter growth appeared first on CityAM.

Infusion Pump System Accessories and Software Market Is Booming Worldwide | Hospira, Animas, Moog, Smiths Group, Halyard Health, ZynoMed.com

Latest research study from HTF MI provide a comprehensive analysis of the Global Infusion Pump System Accessories and Software Market is provided in this intelligence document. It includes the primary investigations to cover historical progress, ongoing market scenarios, and future prospects. An acc…

Smiths Group to spin off healthcare business

Smiths Group Plc said it intends to spin off its healthcare unit, just two months after ending talks with U.S.-based ICU Medical Inc over a possible 7 billion pound-plus ($9.10 billion) merger of their healthcare businesses
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Smiths Group Frequently Asked Questions

  • When was Smiths Group founded?

    Smiths Group was founded in 1851.

  • Who are Smiths Group key executives?

    Smiths Group's key executives are Andy Reynolds Smith, Bill Seeger and John Shipsey.

  • How many employees does Smiths Group have?

    Smiths Group has 22,000 employees.

  • What is Smiths Group revenue?

    Latest Smiths Group annual revenue is £2.5 b.

  • What is Smiths Group revenue per employee?

    Latest Smiths Group revenue per employee is £113.5 k.

  • Who are Smiths Group competitors?

    Competitors of Smiths Group include Glenair, Cobham and Senior.

  • Where is Smiths Group headquarters?

    Smiths Group headquarters is located at 4th Floor 11 St James's Square, London.

  • Where are Smiths Group offices?

    Smiths Group has offices in London, Lancing, Manchester, Niles and in 2 other locations.

  • How many offices does Smiths Group have?

    Smiths Group has 7 offices.