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Smiths Group PLC (SMIN.L)

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Latest Key Developments (Source: Significant Developments)

Smiths group FY underlying revenue down 2 pct
Wednesday, 28 Sep 2016 02:00am EDT 

Smiths Group Plc : FY revenue rose 2 percent to 2.949 billion stg . Final dividend up 102 percent to 28.75 penceper share . Total dividend up 2.4 percent to 42 penceper share . Fy pre-tax profit 451 million stg versus 459 million stg last year . "We anticipate a broad continuation of the trends experienced in 2016" . Group revenue declined 2% on an underlying1 basis ."Group performance in 2017 is expected to be weighted towards the second half".  Full Article

Smiths to sell artificial lift business for $39.5 mln
Friday, 23 Sep 2016 02:00am EDT 

Smiths Group Plc : Smiths group to divest artificial lift business . Agreement to sell its artificial lift business, part of John Crane Division, to Endurance Lift Solutions, LLC . Total gross consideration payable at completion is $39.5m in cash . Management team will transfer with business .Transaction is subject to customary regulatory approvals and is expected to close by end of calendar year.  Full Article

Smiths Group PLC announces acquisition of Morpho Detection
Thursday, 21 Apr 2016 02:00am EDT 

Smiths Group PLC:It has entered into an agreement to acquire Morpho Detection, a California-based detection and security solutions company, from Safran S.A. for an enterprise value of $710 million (£493 million).  Full Article

Smiths Group PLC declares interim dividend
Wednesday, 16 Mar 2016 03:00am EDT 

Smiths Group PLC:Declares interim dividend of 13.25p per share (2015: 13.00p per share).Says the interim dividend will be paid on 22 April to shareholders registered at the close of business on 29 March.The ex-dividend date is 24 March.  Full Article

UPDATE 2-Smiths Group's core revenue slips, shares drop

Sept 22 British conglomerate Smiths Group reported a fall in underlying full-year revenue due to weakness in its energy equipment and service business as well as its medical device unit.