Smiths Group plc

Public consensus   -   Last updated 12/10/18

Reporting currency: GBP
Reporting unit: Absolute
FY19
CONSENSUS
12/10/18
Smiths Group plc
Revenue (£ Millions)
John Crane
923
Medical
893
Detection
824
Interconnect
309
Flex-Tek
374
Total Revenue
3,322
Operating Profit (£ Millions)
John Crane
214
Medical
157
Detection
141
Interconnect
44
Flex-Tek
71
Corporate
(58)
Total Operating Profit
568
Operating Margin %
John Crane
23.2
Medical
17.6
Detection
17.1
Interconnect
14.2
Flex-Tek
19.0
Total - Operating Margin
17.1
Net financing
(54)
PBT
515
Tax rate
24.8
Tax
(128)
Net Income
388
Number of shares
397.02
EPS (p)
97.65
DPS (p)
46.10
Change in WC
(1)
D&A
119
Operating CF
566
FCF
331
Net debt
641
GBP/EUR
1.13
GBP/USD
1.31

Disclaimer

* Headline profit is before exceptional items, amortisation and impairment of acquired intangible assets and financing gains/losses from currency hedging.
* The United Flexible acquisition which is expected to complete in H2 2019 has not been included in the consensus. Analysts 's forecasts that included it have been adjusted for.

Each line is the average for the analysts' forecasts for that item and as such the numbers do not always total correctly because of rounding differences.

The forecasts in this analysis have been gathered from a number of registered investment analysts and are, as such, publicly available information. These estimates are forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. In distributing this analysis, Smiths Group does not imply its endorsement of, or concurrence with, such information, conclusions or recommendations. Nothing in this analysis should be taken as a recommendation to buy or sell shares in Smiths Group or to take any other action or place any reliance on the analysis. Smiths Group is not regulated by the Financial Conduct Authority and cannot offer investment advice.

Although Smiths Group will endeavour to procure that the information is kept updated, Smiths Group assumes no obligation to update or revise such information to reflect circumstances existing after the date hereof. Neither Smiths Group nor any subsidiary undertaking or any director, officer or employee of Smiths Group accepts any responsibility for the accuracy of the forecasts used in this analysis and therefore shall have no liability whatsoever for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis.