Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Die neuesten Analysenergebnisse zu Smiths Group weisen auf einen kleinen Reset in den Preiszielen hin. Die wichtigsten fairen Werte bewegen sich von £28,11 auf £27,90 und mehrere Straßenziele sitzen jetzt im Bereich 2.700 bis 2.810 GBp. Diese Anpassungen spiegeln eine Mischung aus Optimismus von Firmen wie JPMorgan wider, die ein Overweight-Rating beibehalten, während sie ihr Ziel auf 2.810 GBp reduziert haben, und vorsichtigerer Bewegungen wie einem Cut auf 2.700 GBp neben einer Verschiebung zu Neutral.

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Smiths Group hat seine Vorhersage für das gesamte Jahr um 1-2% auf 2% herabgesetzt, nachdem die John Crane-Business durch den Konflikt im Nahen Osten in Q3 um etwa 10 Millionen Pfund geschädigt wurde. Die Flex-Tek-Geschäft soll sich jedoch in Q4 verbessern, unterstützt durch Fortschritte im Luftfahrtsektor und leichtere Vergleichsbedingungen für Wärmeleistungsprodukte.

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

SAN RAMON, Kalifornien, 04. Mai 2026 (GLOBE NEWSWIRE) -- CooperCompanies (Nasdaq: COO), ein führender globaler Medizinproduktehersteller, gab heute bekannt, dass ihr Vorstand Paul Keel als unabhängiges Mitglied berufen hat, ab dem 1. Juli 2026. Mr. Keel wurde auch zum Mitglied des Rechnungskomitees ernannt, wenn er dem Vorstand beitritt.

"Wir freuen uns sehr, Paul in unser Gremium als neuen Direktor willkommen zu heißen", sagte Colleen Jay, Vorsitzende des Vorstands von CooperCompanies. "Seine Erfahrung als CEO im Medizinprodukte-Sektor sowie sein erfolgreiches Leistungsverzeichnis bei der Führung komplexer globaler Operationen wird ein erheblicher Wertbeitrag für Cooper darstellen, während es seine Strategie umsetzt und langfristigen Wert für Patienten, Kunden und Aktionäre schafft."

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide.

Recent price target moves on Smiths Group have pulled in opposite directions, with bullish analysts lifting targets by 90 GBp and 100 GBp, while others have reset expectations closer to 2,700 GBp. These changes reflect a split in the analyst community, where some houses see upside based on Smiths Group’s prospects and others highlight growth risks and potential execution issues. Read on to see what is driving this evolving narrative and how you can track it over time.

Stay updated as the Fair Value for Smiths Group shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Smiths Group.

What Wall Street Has Been Saying

🐂 Bullish Takeaways

Citi lifted its Smiths Group price target by 100 GBp in January 2026, which indicates that its analysts see room for the shares to support a higher valuation than before. JPMorgan also raised its target by 90 GBp earlier in the year, pointing to a view that Smiths Group’s execution and earnings profile can justify a stronger share price than previously reflected. Berenberg shifted to a more positive stance with an upgrade in January 2026, suggesting increased confidence in how Smiths Group is running the business and its potential to create value over time.

🐻 Bearish Takeaways

BNP Paribas moved Smiths Group to Neutral from Outperform with a £27 price target, explicitly flagging growth expectations that sit below consensus, which may limit upside if those estimates prove accurate. JPMorgan later reduced its target by 210 GBp in March 2026, highlighting that some earlier optimism has been tempered and that risks around execution and growth are an active part of the debate on the stock.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!LSE:SMIN 1-Year Stock Price Chart

We've flagged 2 risks for Smiths Group. See which could impact your investment.

What's in the News

Smiths Group issued earnings guidance for fiscal 2026, indicating an expected operating profit margin of around 20%, which it linked directly to its medium term financial targets. The Board recommended an interim dividend of 15.00p per share for the six months ended 31 January 2026, described as a 5.4% year on year increase. The interim dividend is scheduled for payment on 13 May 2026 to shareholders on the register at close of business on 7 April 2026, with an ex dividend date of 2 April 2026.

Story Continues

How This Changes the Fair Value For Smiths Group

The fair value estimate remains unchanged at £28.11 per share, with no adjustment to the core valuation anchor. The long term revenue growth assumption remains at around a 12.78% decline, with no material revision to top line expectations in the model. The assumed net profit margin stays broadly unchanged at about 13.42%, indicating stable profitability assumptions. The assumed future P/E multiple is slightly higher at about 36.93x, compared with 36.87x previously. The discount rate used in the model is now about 7.99%, compared with 7.94% previously.

Never Miss an Update: Follow The Narrative

Narratives connect a company's business story to the assumptions that sit behind its forecasts and fair value. They update as new data, guidance, and risks come through, so you can see how the thesis changes over time.

Head over to the Simply Wall St Community and follow the Narrative on Smiths Group to stay up to date on:

How the planned divestment of Smiths Interconnect and Smiths Detection and a focus on high performance flow and heat technologies are expected to reshape margins. The role of the £500m share buyback, disposal proceeds, and the Future Smiths and acceleration plans in the earnings and EPS outlook. Key pressure points such as the cybersecurity incident at John Crane, mix related margin headwinds, housing linked exposure in Flex Tek, and tariff and supply chain risks.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SMIN.L.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

View Comments

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

This article first appeared on GuruFocus.

Organic Revenue Growth: 4% for the group; 0.4% for Smiths. Operating Profit Growth: 7.2% organic basis; 5.6% reported basis. Operating Profit Margin: Expanded by 50 basis points to 19.8% for Smiths. EPS Growth: 8.4% organic; 11.7% reported. Return on Capital Employed: Increased by 130 basis points to 18.4%. Operating Cash Conversion: 78% with total cash generation of GBP220 million. John Crane Organic Growth: 2% with a margin expansion of 50 basis points to 23.2%. Flex-Tek Organic Revenue Decline: 2% with a margin decrease of 60 basis points to 20.4%. Dividend Increase: Interim dividend increased by 5.4% to 15p per share. Share Buyback Program: GBP1 billion buyback initiated, with GBP600 million to be completed by fiscal year-end. Acquisition: DRC acquired for GBP164 million at 10x adjusted EBITDA. Leverage: 1.2x as of the end of January.

Is SMGKF fairly valued? Test your thesis with our free DCF calculator.

Release Date: March 20, 2026

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

Smiths Group PLC (SMGKF) achieved a solid financial performance with organic revenue growth of 4% and operating profit growth of 7.2% on an organic basis. The company successfully executed major portfolio actions, achieving attractive valuations for Smiths Interconnect and Smiths Detection, leading to a GBP1.5 billion capital return program. Smiths Group PLC (SMGKF) reported a margin expansion of 50 basis points, with an operating profit margin expected to reach around 20%, showing progress towards medium-term financial targets. The company demonstrated strong organic EPS growth of 8.4%, supported by a share buyback program and increased return on capital employed by 130 basis points to 18.4%. Smiths Group PLC (SMGKF) is well-positioned in structurally growing end markets, with a strong order book and strategic focus on high-performance technologies in flow control and thermal solutions.

Negative Points

The company faced challenges with adverse foreign exchange impacts, which offset some of the revenue growth. Flex-Tek's performance was negatively impacted by market-driven weakness in the US construction market, leading to a 2% decline in organic revenue. The Middle East region, contributing to 7% of Smiths' revenue, presents uncertainty due to geopolitical tensions, which are not incorporated in the current guidance. Flex-Tek's operating margin decreased by 60 basis points due to negative drop-through from lower volumes and higher material costs. The company is cautious about the pace of recovery in the US housing market, which remains uncertain and could impact future performance.

Story Continues

Q & A Highlights

Q: Can you provide more details on the guidance for John Crane in the second half, particularly regarding the order book and the impact of the Middle East situation? A: Roland Carter, CEO, explained that the momentum from Q2 is expected to continue into the second half, supported by a robust order book for both original equipment (OE) and aftermarket. The company is well-positioned despite the Middle East crisis, with 12% of John Crane's revenue coming from the region. The focus remains on maintaining operational performance and supporting customers globally.

Q: How much of John Crane's second-half order book is from the Middle East, and what are the pricing dynamics in Flex-Tek? A: Roland Carter, CEO, noted that 12% of John Crane's first-half revenue was from the Middle East. The order book is strong, with growth seen in Latin America and the US. In Flex-Tek, pricing remains thin in construction due to market conditions, but positive pricing is observed in thermal and aerospace segments.

Q: With the acquisition of DRC and increased disclosure in Flex-Tek, should we expect more capital allocation in this area? A: Roland Carter, CEO, emphasized the focus on high-growth, high-margin areas like thermal solutions. The acquisition of DRC aligns with the strategy to expand in heating and cooling technologies, particularly in data centers. The company remains committed to disciplined capital allocation, including potential further acquisitions.

Q: Can you explain the GBP1.5 billion return to shareholders and the expected growth in Flex-Tek? A: Julian Fagge, CFO, clarified that the GBP1.5 billion return is based on the net proceeds from the Smiths Detection sale, balancing leverage and growth investments. Roland Carter, CEO, added that Flex-Tek's growth is supported by a strong aerospace order book and stabilization in construction and thermal solutions.

Q: What is the status of the Flex-Tek industrial portfolio disposals, and are you satisfied with the current portfolio? A: Julian Fagge, CFO, stated that the divestment process is progressing, with one part well advanced. The focus remains on high-growth, high-margin areas, and the company is satisfied with the current Flex-Tek portfolio while continuing to explore opportunities for growth.

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

View Comments

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

The fall came despite the engineering company saying it would return some of the cash from the sale of its Smiths Detection unit to shareholders.

Continue Reading

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Smiths Group logo

Key Points

Major portfolio reshaping and big shareholder returns: Smiths agreed sales of Smiths Interconnect and Smiths Detection valued at a combined £3.3bn and has outlined buybacks and distributions including a completed £500m buyback, a £1.0bn Interconnect-linked buyback (£600m tranche this year) and a newly announced £1.5bn return of Detection proceeds running through 2027, leaving over £2.0bn still to return to shareholders. Solid H1 performance with margin progress and upgraded continuing-operations guidance: On a continuing-operations basis Smiths delivered 0.4% organic revenue growth, operating margin rose to 19.8% and EPS was 62p, and management now expects FY26 organic growth of 3–4%, an operating margin around 20% and cash conversion in the low‑to‑mid 90% range. Business divergence and regional risks: John Crane showed momentum with 2% organic growth, a 50bp margin uplift and strong aftermarket demand, while Flex‑Tek faced weakness in U.S. residential construction (offset by 10.1% aerospace growth); management noted Middle East exposure (~7% of group revenue, ~12% of John Crane) as a short‑term source of “noise” but said aftermarket exposure adds resilience. Interested in Smiths Group plc? Here are five stocks we like better.

Smiths Group (LON:SMIN) leaders used the company’s fiscal 2026 first-half earnings call to emphasize the strategic reshaping of the portfolio, including agreed sales of Smiths Interconnect and Smiths Detection, while reporting solid underlying performance and reiterating expectations for a stronger second half.

Portfolio reshaping and shareholder returns

CEO Roland Carter said the first half of fiscal 2026 was “strategically important” as Smiths executed major portfolio actions and “achiev[ed] attractive valuations for both Smiths Interconnect and Smiths Detection.” Carter said the two agreed transactions were ahead of schedule and valued at a combined £3.3 billion at multiples “above market expectations.”

→ Forget Chipmakers: Walmart and Target Are the Real AI Plays

Management said regulatory processes were progressing, with Interconnect “close to completion,” and Detection expected to complete before the end of the calendar year. With proceeds from the divestments, the company outlined substantial capital returns:

A £500 million buyback completed in the prior calendar year A £1.0 billion buyback linked to Interconnect proceeds, with a first £600 million tranche expected to be completed by the end of the current fiscal year and the program “substantially complete” by the end of calendar 2026 A newly announced plan to return £1.5 billion of Smiths Detection proceeds through a tender offer or special dividend plus a share buyback, expected to run through calendar 2027

Story Continues

Carter said Smiths has returned more than £2.3 billion to shareholders via dividends and buybacks over the past four and a half years, and that with the remaining buybacks and the newly announced program, more than £2.0 billion remains to be returned through 2027.

→ Members of Congress Bought These 5 Stocks—Should You?

Chief Financial Officer Julian Beswick said the £1.5 billion figure was based on a valuation of £2.0 billion for Smiths Detection, with net proceeds expected to be lower. He added the return amount reflected “a balancing act” that also considers maintaining an efficient balance sheet, an appropriate leverage level, continued bolt-on M&A, and expected operating cash flows and dividend outflows over the next 18 months.

First-half results and margin progress

Beswick noted the reporting complexity during the separations and explained that “Smiths” now refers to the continuing businesses John Crane and Flex-Tek. On that basis, Smiths delivered 0.4% organic revenue growth in the first half, with reported revenue down 1% as a 1.4% acquisition contribution in Flex-Tek was offset by 2.8% adverse foreign exchange.

→ Okta and CrowdStrike Could Be the Backbone of AI Security

Smiths’ operating margin expanded 20 basis points to 19.8%, which management described as progress toward a medium-term margin target of 21%-23%. On a broader “group” basis (including Smiths Detection as previously guided), organic revenue grew 4%, and operating profit increased 7.2% organically, with 50 basis points of margin expansion.

Other first-half metrics cited included reported earnings per share of 62 pence (up 11.7% year over year), return on capital employed rising 130 basis points to 18.4%, and operating cash conversion of 78%. Beswick attributed cash conversion to lower capital expenditures of £29 million following completion of most prior-year automation and capacity investments, partly offset by working capital outflows in John Crane and Smiths Detection to support second-half deliveries.

Business updates: John Crane momentum, Flex-Tek mixed end markets

John Crane posted 2% organic growth, with management highlighting a stronger second quarter following a marginal decline in the first quarter. Energy grew 3.9%, supported by healthy Dry Gas Seal demand, while systems sales were affected by project phasing in Europe and Asia. Industrial performance was lower due to overcapacity in Chinese chemicals, partly offset by strength in mining and pulp and paper in the Americas.

John Crane’s margin expanded 50 basis points to 23.2%, reflecting pricing and mix benefits from higher aftermarket growth, plus benefits from the Smiths Excellence and Acceleration Plan initiatives. Management said the impact of U.S. tariffs on John Crane was limited. The company also highlighted product activity including uptake of the Type 93AX separation seal and the launch of a new mechanical seal designed for ethane and ethylene pipelines, which management said had already improved performance for a U.S. Gulf Coast operator.

Flex-Tek reported a 2% organic revenue decline for the half, driven by weakness in U.S. residential construction and customer destocking of heat kits, offset by 10.1% organic growth in aerospace. Beswick said acquisitions added £12 million (3.4%) to growth, offset by foreign exchange. Flex-Tek’s operating margin was 20.4%, down 60 basis points, reflecting lower volumes, completion of a higher-margin ultra-high heat contract, and higher material costs, partly offset by efficiency savings and early benefits from the Acceleration Plan.

During Q&A, management characterized pricing as “positive” in John Crane and said Flex-Tek pricing pressure was concentrated in construction due to market conditions, while thermal solutions and aerospace were seeing positive pricing. Carter said the housing recovery pace remains uncertain, and Beswick said the company had taken a “cautious view” on the construction market outlook.

Guidance updated for continuing operations

Following the reclassification of discontinued operations, management updated fiscal 2026 guidance for continuing operations. The company expects:

Organic revenue growth of 3%-4%, with a stronger second half within the company’s medium-term target range Operating profit margin of around 20% Cash conversion in the low-to-mid 90% range

For John Crane, management said the second half is expected to grow at a mid-single-digit rate similar to the second quarter, supported by a strong order book across original equipment and aftermarket and a positive book-to-bill. For Flex-Tek, management expects a stronger second half led by aerospace strength and improved thermal comparisons as destocking effects fade, while reiterating uncertainty around U.S. housing.

Middle East exposure and operational considerations

Management addressed investor questions about the Middle East, emphasizing employee safety and noting uncertainty was not included in guidance. Beswick said the Middle East contributed around 7% of Smiths revenue in the first half, primarily in John Crane, while Carter later added that the region represented 12% of John Crane revenue.

Carter said the company was seeing “noise” in the very short term as customers respond differently, including urgent needs, focus on maintaining operations, or managed shutdowns. He also said John Crane’s aftermarket exposure—more than 70% of the business—adds resilience, and described how shutdowns and restarts can increase the need for service and replacement parts. He added that operational performance and lead times have improved, positioning the business to respond, while acknowledging that any broader macroeconomic impacts from energy costs and supply chain disruption remain uncertain.

About Smiths Group (LON:SMIN)

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.

The article "Smiths Group H1 Earnings Call Highlights" was originally published by MarketBeat.

View Comments

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Investing.com -- Shares in Smiths Group fell over 6% to a six-week low on Friday after the British industrial engineer’s first-half results showed continuing operations missed analyst forecasts, overshadowing a plan to return an additional £1.5 billion to shareholders.

The stock closed at 2,212 pence, its lowest since early February, extending a 15-day decline from a 52-week high of 2,746 pence hit on Feb. 27.

Smiths reported headline group operating profit of £248 million for the six months ended Jan. 31, up 5.6% from £234 million a year earlier, on group revenue of £1.44 billion, up 2.2% from £1.41 billion. Organic revenue growth was 4.0%.

For continuing operations, John Crane and Flex-Tek, revenue fell to £915 million from £924 million a year earlier, with organic growth of just 0.4% against a Jefferies consensus estimate of £963 million. Operating profit of £181 million was flat year-on-year, with margin up 20 basis points to 19.8%.

Jefferies, which rates the stock “hold,” said continuing operations results were "slightly below consensus" and forecast that street estimates would "drift lower."

Stifel, which carries a “buy” rating with a 2,650 pence price target, called trading "more or less in line" at the group level but acknowledged continuing operations were "a little lighter."

Chief Executive Roland Carter struck a forward-looking tone. "We delivered increased momentum in the second quarter, and improved second-half performance," he said, guiding for full-year organic revenue growth of 3%-4% for continuing operations and second-half growth within the medium-term 5%-7% target.

John Crane posted organic revenue growth of 2%, up from a marginal first-quarter decline, with operating margin improving 30 basis points year-on-year to 23.2%. Flex-Tek organic revenue declined 2%, with U.S. construction weakness offsetting aerospace growth of 10.1%. Flex-Tek margin fell 40 basis points to 20.4%.

Operating cash conversion fell sharply to 78% from 94% a year earlier, reflecting a working capital build. Net debt rose to £843 million from a ratio of 0.5 times headline EBITDA a year earlier to 1.2 times, driven by a €650 million bond issuance and share buybacks.

Smiths agreed to sell its detection unit to CVC Capital Partners for £2 billion and Smiths Interconnect to Molex for £1.3 billion, a combined £3.3 billion. Following a £1 billion buyback currently underway, Smiths said it would return the additional £1.5 billion to shareholders post the Detection close via a tender offer, special dividend, or further buyback.

Story Continues

The group raised its interim dividend 5.4% to 15 pence, payable May 13.

Related articles

Smiths Group shares hit six-week low as continuing operations miss forecasts

JPMorgan outlines ten strategic themes that could shape the outlook for 2026

As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’

View Comments

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.

Smiths Group’s fair value estimate has shifted only slightly, edging from £28.16 to about £28.29 per share. That small move sits against a more active reset in the analyst debate. Recent target changes, including lifts of 100 GBp and 90 GBp alongside at least one downgrade to £27.00, capture how opinions are splitting on the company’s growth and execution story. Read on to see what is driving these calls and how you can track the evolving narrative from here.

Stay updated as the Fair Value for Smiths Group shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Smiths Group.

What Wall Street Has Been Saying

🐂 Bullish Takeaways

Citi has raised its price target for Smiths Group by 100 GBp, which points to a more constructive view on the shares and suggests the firm sees support for the current valuation. JPMorgan has also lifted its target by 90 GBp, indicating confidence in how the company is executing against its plan and in the potential for value creation over time. Berenberg recently upgraded Smiths Group, signaling a more positive stance on the company’s outlook and the balance between its growth prospects and current share price.

🐻 Bearish Takeaways

BNP Paribas, by contrast, has moved to a Neutral rating from Outperform with a £27.00 price target, highlighting that its growth estimates sit below the broader analyst consensus. This downgrade underlines that some analysts are more cautious on how quickly Smiths Group can deliver on growth, and they see less upside at recent trading levels compared with earlier expectations.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives!LSE:SMIN 1-Year Stock Price Chart

We've flagged 1 risk for Smiths Group. See which could impact your investment.

How This Changes the Fair Value For Smiths Group

The fair value estimate has moved from £28.16 to about £28.29 per share. The long term revenue growth assumption has shifted from 4.23% growth to an implied 9.00% decline. The profit margin assumption has changed from 11.93% to about 12.87%. The future P/E multiple has adjusted from 25.8x to about 36.1x. The discount rate has moved from 7.87% to about 7.78%.

Never Miss an Update: Follow The Narrative

Narratives link a company’s business story to expectations for its earnings, margins, and fair value. They refresh as new data, forecasts, and risks come through, so you can see how the thesis evolves over time.

Story Continues

Head over to the Simply Wall St Community and follow the Narrative on Smiths Group to stay up to date on:

How Smiths Group is reshaping its portfolio by focusing on high performance flow and heat management technologies and planning separations for Smiths Interconnect and Smiths Detection. The role of the £500m share buyback, planned returns of disposal proceeds, and the Future Smiths program in supporting EPS, margins, and organic growth targets. Key execution risks, including the recent cybersecurity disruption at John Crane, margin pressure from mix, divestment complexity, housing exposure at Flex Tek, and ongoing tariff and supply chain uncertainties.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SMIN.L.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

View Comments

Haftungsausschluss: Der Text wurde mit Hilfe einer KI zusammengefasst und übersetzt. Für Aussagen aus dem Originaltext wird keine Haftung übernommen!

Major milestone reinforces Smiths Detection’s position as the world’s most trusted provider of advanced screening solutions, deployed at more than 100 airports

NEW YORK, March 12, 2026--(BUSINESS WIRE)--Smiths Detection, a global leader in threat detection and screening solutions, today announces the sale of its 2,000th HI-SCAN 6040 CTiX, an industry-leading 3D X-ray scanner with high-resolution 3D computed tomography images and intelligent AI-driven automatic detection capabilities.

The HI-SCAN 6040 CTiX is deployed across over 100 airports in Europe, Asia-Pacific, the Middle East and the Americas. Operational experience across these regions has demonstrated consistent benefits for airports and passengers alike. Fewer false alarms mean faster, more reliable screening, and as threat profiles change, the technology keeps pace, strengthening security resilience over time. Meanwhile, in eligible locations, passengers no longer need to remove laptops or liquids from their bags, a small change that has a real impact on congestion at security checkpoints.

Matt Clark, VP Commercial at Smiths Detection, said: "The sale of our 2,000th HI-SCAN 6040 CTiX is a powerful endorsement of the trust airports around the world place in Smiths Detection. Our technology is helping airports improve passenger flow, strengthen security outcomes and stay ahead of evolving threats through intelligent, AI-enabled screening solutions. This exciting milestone underscores Smiths Detection’s engineering heritage, sustained investment in innovation and our commitment to creating a better passenger experience."

With thousands of systems installed worldwide, the HI-SCAN 6040 CTiX has become the global benchmark for aviation security screening. Its proven performance, reliability and upgradeability have made it the scanner of choice for airports seeking to enhance security while delivering a best-in-class passenger experience. Backed by an industry-leading training and aftercare programme, the HI-SCAN 6040 CTiX is designed to meet the demands of today's airports and adapt to those of tomorrow.

Smiths Detection will be showcasing the HI-SCAN 6040 CTiX at the upcoming Passenger Terminal Expo. Visitors can see a live demonstration of the system in action and discover how its 3D screening technology is transforming checkpoint performance and enhancing security outcomes worldwide.

About Smiths Detection

Smiths Detection is a global authority on threat detection and screening technologies, delivering solutions for aviation, ports and borders, urban security and defence. With decades of expertise and a relentless focus on innovation, Smiths Detection helps protect people and infrastructure while enabling the safe and efficient movement of passengers worldwide.

Story Continues

About the HI-SCAN 6040 CTiX

HI-SCAN 6040 CTiX is a standards-led checkpoint CT platform with more than 2,000 deployments worldwide. It combines advanced 3D imaging and automatic explosives detection to support compliant screening and operator decisions at pace, and integrates into a complete checkpoint ecosystem of CT, lanes and software. Upgradeability and adaptive AI support long-term value as operational needs and regulations evolve. Any changes to divestment, including liquids, remain subject to local authority requirements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310588604/en/

Contacts

Smiths Detection Corrina Gee – Head of Communications +44 (0)79 0970 9811 corrina.gee@smithsdetection.com

FTI Consulting Ariadna Peretz +44 (0)20 3727 1000 sc.smithsdetection@fticonsulting.com

View Comments