Smiths Group Appoints New CFO and Raises FY2025 Revenue Guidance

Smiths Group plc ( (GB:SMIN) ) has issued an update.

Smiths Group plc has announced the appointment of Julian Fagge as the new Chief Financial Officer, effective February 1, 2025, following Clare Scherrer’s decision to retire. With a strong background in finance and strategy, Julian is expected to ensure a smooth transition and contribute to the company’s strategic goals. Additionally, Smiths has upgraded its full-year organic revenue growth guidance to 6-8% for FY2025, reflecting strong performance, especially in Smiths Detection and Smiths Interconnect. This revision underscores the company’s confidence in achieving its medium-term margin targets and highlights its commitment to sustainable growth, benefiting all stakeholders.

More about Smiths Group plc

Smiths Group plc is a leading global enterprise operating across four markets: energy, safety & security, aerospace & defence, and general industrial. With over 170 years of history, the company is dedicated to engineering a better future, employing around 15,000 people in more than 50 countries. Smiths is listed on the London Stock Exchange and is known for its innovative solutions that enhance safety, efficiency, and connectivity.

YTD Price Performance: 0.76%

Average Trading Volume: 955,112

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £5.93B

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