Full Year Results 

Smiths has a stronger mix

Smiths has a stronger mix

You won’t require one of Smiths' (SMIN) X-ray machines to know that the conglomerate is intent on rejigging its business mix in favour of growth markets. Indeed, the group's overview of these numbers revealed that over the past 18 months this repositioning has pushed up the proportion of business units “well positioned by market and competitiveness” from 60 per cent to 75 per cent. That’s a vague statement if ever there was one, but the group’s latest full-year figures add some weight to the assertion.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now