NewsMV
Smiths Group plc (LON:SMIN) projects organic revenue growth of about 4% and a headline operating margin of approximately 21% for fiscal 2027.
This outlook anticipates the company entering its medium-term target range sooner than previously expected, despite anticipated disruptions in the Middle East affecting its John Crane business.
For fiscal 2026, the company reported continuing-operations revenue of £1.9 billion, representing a 1.2% organic increase.
Headline operating profit rose 1.9% organically to £399 million, while the headline operating margin expanded by 20 basis points to 20.6%.
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