Smiths Group PLC

SMIN: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Smiths Group Trading Update: Strong Third Quarter Sets Up Top-End Finish for Fiscal-Year 2025

Joachim Kotze

May 20, 2025

Smiths posted 10.6% organic sales growth in the third quarter of 2025, lifting year-to-date growth to 9.6%. Management now expects full-year sales at the top of the 6%-8% range and reaffirms its 40 to 60-basis-point margin expansion.

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Smiths Group PLC

Smiths Group Trading Update: Strong Third Quarter Sets Up Top-End Finish for Fiscal-Year 2025

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