Strong second half for Smiths Group

Headline numbers were ahead of expectations at technology group Smiths Group, but a number of one-off items saw full-year statutory profit before tax decline.

Headline numbers were ahead of expectations at technology group Smiths Group, but a number of one-off items saw full-year statutory profit before tax decline.

Revenue for the year ended July 31st rose 7%, or an underlying 5%, to £3,038m from £2,842m the year before, beating the £2,978m expected by the market.

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