Smiths Group plc (SMGZY) Discusses Strategic Portfolio Repositioning and Performance Update in Industrial Engineering Transcript
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SA Transcripts159.37K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Smiths Group plc (SMGZY) Discusses Strategic Portfolio Repositioning and Performance Update in Industrial Engineering April 21, 2026 9:30 AM EDT Company Participants Siobhan AndrewsAna Pita Presentation Unknown Attendee [Presentation] What a wonderful video to start. So I'd like to welcome people to the Smiths Group investor presentation. Today, we're joined by Siobhan Andrews, who's the Head of Investor Relations; and Ana Pita da Veiga, who is the Senior Investor Relations Manager. Questions are encouraged throughout this webinar and can be submitted via the Q&A box situated in the panel on the right-hand side of your screen. I'd now like to hand over to Siobhan to begin the presentation. Siobhan, over to you.
Siobhan Andrews Great. Thank you very much, and good afternoon, everyone, and thank you for joining us today. We'll cover an overview of Smiths first, including our strategic actions to reposition the portfolio, which we launched last year, and then we'll provide an update on our recent performance, having announced our H1 results last month. And then as Scott said, we'll have plenty of time at the end for Q&A. We could go to the next slide. Thank you. Being around since 1851 and listed on the FTSE for more than 100 years. Today, we are an GBP 8 billion market cap industrial engineering company. Our technology helps our customers every day solve their most challenging engineering problems. You'll find Smiths products across a range of settings. John Crane's highly engineered seals are present in energy projects globally and Flex-Tek's HVAC products heating, ventilation, air conditioning products are in 50% of the houses in the U.S. markets. Today, Smiths generates around GBP 1.9 billion in revenue and around GBP 390 million in operating profits. We are a truly global business with almost 11,000 employees across the world.