Previous Close | 18.82 |
Open | 18.87 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 18.87 - 19.01 |
52 Week Range | 17.29 - 20.33 |
Volume | |
Avg. Volume | 0 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Smiths Group plc ( LON:SMIN ) last week reported its latest interim results, which makes it a good time for investors...
(Reuters) -Britain's Smiths Group picked Roland Carter, an insider at the engineering firm, to be its new CEO on Tuesday as it reported a rise half-year profit and announced 100 million pounds ($126 million) of new share buybacks. Carter, 57, most recently led Smiths Detection, which makes security screening systems, where he increased the after market revenue stream to greater than 50% of sales, Smiths said. Shares in FTSE 100 index member Smiths, whose baggage-screening kit and explosive detectors are a common sight at airports, climbed as much as 4% to a near four-month high of 1721.5 pence, briefly topping London's blue-chip index.
Smiths News cheered a World Cup and Coronation boost as the newspaper and magazine wholesaler posted a rise in profits. Smiths said at least 65% of its current revenue streams were secured for at least the next six years after it renewed contracts to distribute papers for the Telegraph, the Times and Sun owner News UK and the Daily Mail owner Associated Newspapers. "Top line sales were boosted by the FIFA World Cup, the Royal Succession and sustained price rises above historic norms," Smiths said.