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UK's Smiths Group projects top-end annual sales growth
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UK's Smiths Group projects top-end annual sales growth
May 26, 2025 10:38 AM

May 20 (Reuters) - British conglomerate Smiths Group ( SMGKF )

said on Tuesday annual organic revenue growth would be

at the top end of its 6%-8% forecast range, after demand for its

baggage-screening kits and explosives detectors helped

third-quarter sales jump 10.6%.

Smiths said it expects the impact of U.S. tariffs to be

limited and that it had not seen material changes in customer

behaviour due to the levies. The company generates about 45% of

its sales from the United States.

The sale of its unit, which supplies electronic

components, would be announced by the end of 2025, followed by

the separation of the unit that makes airport baggage-screening

kits and explosive detectors, Smiths said.

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