Smiths Group PLC

Regulatory Filings • Jan 17, 2025

National Storage Mechanism | Additional information

RNS Number : 7678T

Smiths Group PLC

17 January 2025

17 January 2025

SMITHS GROUP PLC

Response to shareholder letter

Following a meeting yesterday, the Board of Smiths Group plc (the "Company" or "Smiths") acknowledges receipt of a letter early this morning from Engine Capital LP, a shareholder in the Company.

The Board welcomes feedback from all shareholders and continues to have a clear focus on creating shareholder value.

Smiths is performing strongly, with an upgrade to guidance in Q1 FY2025, and a second upgrade in guidance to 6-8% organic revenue growth and 40-60bps margin improvement announced on 14 January 2025.

Legal Entity Identifier (LEI): 213800MJL6IPZS3ASA11  

ENDS

IR contacts

Siobhán Andrews, Smiths Group  

+44 (0) 7920 230093  

Siobhan.andrews@smiths.com

Ana Pita da Veiga, Smiths Group

+44 (0)7386 689442

ana.pitadaveiga@smiths.com

Media contacts  

Tom Steiner, Smiths Group                                                          Alex Le May, FTI Consulting  +44 (0)7787 415891                                                                           +44 (0)7702 443 312  tom.steiner@smiths.com                                                             Smiths@fticonsulting.com

About Smiths Group

For over 170 years, Smiths has been pioneering progress by engineering a better future. We serve millions of people every year, to help create a safer, more efficient and productive, and better-connected world across four global markets: energy, safety & security, aerospace & defence, and general industrial. Listed on the London Stock Exchange, Smiths employs c.15,000 colleagues in over 50 countries. For more information visit www.Smiths.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RSPGIGDBCUBDGUR