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Smiths Group PLC reported strong strategic progress in its half-year results for FY2026, highlighted by the planned sales of Smiths Interconnect and Smiths Detection for a combined enterprise value of £3.3bn. The company is committed to returning £1.5bn to shareholders following these sales, in addition to an ongoing £1bn buyback program. Financially, the group achieved a 4.0% organic revenue growth and a 17.2% operating profit margin, while also announcing an acquisition of DRC Heat Transfer to enhance its

Author

bhaskar.appurva

Language

EN