Smiths Group PLC Sponsored ADR (SMGZY)
Smiths Group shares rise after agreeing £2bn sale of Detection unit to CVC
Smiths Group shares opened almost 3% higher at 2,494p this morning after the engineering group agreed to sell its security screening division, Smiths Detection, to funds advised by CVC Capital Partners for £2 billion. The deal values the business at 16.3 times its most recent annual operating profit of £122 million and 12.5 times EBITDA of £160 million for the year to the end of July 2025.
Smiths Group to sell baggage-screening unit to CVC for $2.65 billion
UK's Smiths Group said on Wednesday it will sell its Smiths Detection unit, known for its baggage-screening kit in airports and explosive detectors, for 2 billion pounds ($2.65 billion), including debt, to private equity firm CVC Capital.
Smiths Group plc (SMGZY) Shareholder/Analyst Call Transcript
Smiths Group plc (OTCPK:SMGZY) Shareholder/Analyst Call November 19, 2025 6:00 AM EST Company Participants Steven Williams Roland Carter - CEO & Director Simon Pryce Matthew Whyte - Company Secretary Presentation Steven Williams Hello. Good morning, ladies and gentlemen.
Smiths Group higher on £1.3bn divestment
Smiths Group (LSE:SMIN) shares traded higher on Friday after the industrial tech firm agreed to sell its Smiths Interconnect division to Molex Electronic Technologies, a Koch company, in a deal valuing the business at £1.3 billion. The transaction represents 15.1 times Smiths Interconnect's headline EBITDA of £86.1 million for fiscal 2025 and forms part of Smiths' plan to focus on its core industrial engineering operations.
Smiths Group to Sell Smiths Interconnect to Molex in $1.75 Billion Deal
Smiths Group said the divestment to Koch's Molex Electronic Technologies is part of a restructuring strategy to become a more focused industrial engineering company.
Smiths Group plc (SMGZY) Q4 2025 Earnings Call Transcript
Smiths Group plc (OTCPK:SMGZY) Q4 2025 Earnings Call September 23, 2025 3:00 AM EDT Company Participants Roland Carter - CEO & Director Julian Fagge - CFO & Executive Director Conference Call Participants Lushanthan Mahendrarajah - JPMorgan Chase & Co, Research Division Christian Hinderaker - Goldman Sachs Group, Inc., Research Division Mark Jones - Stifel, Nicolaus & Company, Incorporated, Research Division Margaret Schooley - Rothschild & Co Redburn, Research Division Alexandro da Silva O'Hanlon - Panmure Liberum Limited, Research Division Dylan Jones - Kepler Cheuvreux, Research Division Presentation Roland Carter CEO & Director Good morning, everyone, and thank you for joining us. Today, I'll open with a reminder of our strategic actions that we announced in January and a few highlights of our fiscal year 2025 performance before handing over to Julian to walk through the numbers in more detail.
Smiths Group (SMGZY) Upgraded to Strong Buy: Here's Why
Smiths Group (SMGZY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
SMGZY vs. IBTA: Which Stock Is the Better Value Option?
Investors interested in Technology Services stocks are likely familiar with Smiths Group PLC (SMGZY) and Ibotta (IBTA). But which of these two stocks presents investors with the better value opportunity right now?
SMGZY or APP: Which Is the Better Value Stock Right Now?
Investors interested in Technology Services stocks are likely familiar with Smiths Group PLC (SMGZY) and AppLovin (APP). But which of these two stocks is more attractive to value investors?
SMGZY vs. MLNK: Which Stock Is the Better Value Option?
Investors interested in Technology Services stocks are likely familiar with Smiths Group PLC (SMGZY) and MeridianLink (MLNK). But which of these two stocks is more attractive to value investors?
Is Smiths Group (SMGZY) Stock Outpacing Its Business Services Peers This Year?
Here is how Smiths Group PLC (SMGZY) and Sims Metal Management Ltd. (SMSMY) have performed compared to their sector so far this year.
Smiths Group plc (SMGZY) H1 2025 Earnings Call Transcript
Smiths Group plc (OTCPK:SMGZY) H1 2025 Earnings Conference Call March 25, 2025 4:00 AM ET Company Participants Roland Carter – CEO Julian Fagge - CFO Conference Call Participants Lushanthan Mahendrarajah – JPMorgan Christian Hinderaker - Goldman Sachs Martin Wilkie - Citi Mark Jones – Stifel Stephan Klepp - HSBC Andrew Simms - Berenberg Dylan Jones - Kepler Cheuvreux Roland Carter Good morning, everyone, and thank you for joining us today. I'll start by providing a few opening remarks before handing over to Julian to walk us through the First Half numbers.
