Stockopedia Stock Page For Smiths

Detecting progress

Edison Investment Research — Fri, 01 Jun 2012 08:38:49 +0100

Edison Investment Research published:
Smiths Group recently held an investor day to discuss and demonstrate the market opportunities, product development and operational changes in the Detection business (16% H112 sales). What stood out was the progress achieved in the short time since performance issues plagued the division after last year#8217;s investor day in New York. 60% of senior managers have been changed, facilities rationalised and key opportunities identified following implementation of an enhanced management information system. While work remains to be done, the result is a more robust order book and, with a strong...

Freehand offers investors a steady view of surgery innovation

Ben Hobson — Tue, 20 Dec 2011 12:10:05 +0000

Ben Hobson published:
When Jeremy Russell took the helm as chief executive of private medical equipment company Freehand in September 2011, his remit was to take a proven surgical innovation for keyhole surgery and introduce a sustainable new sales model. With partnerships in the pipeline and the prospect of much wider market opportunities, the company is now preparing for a possible listing on the Alternative Investment Market in 2012 and has already started raising pre-IPO funding from private investors. Potential investors who want further information and/or to access investor presentations can contact Charles Breese.The...

More to come

Edison Investment Research — Thu, 24 Mar 2011 08:46:51 +0000

Edison Investment Research published:
Smith’s interims highlight that the group has continued to deliver improved operational performance despite some difficult market conditions and delays. We believe that any remaining sceptics of the transformation taking place will have to look again. While there were some areas of revenue decline, our view is that Smiths has delivered a robust result compared to peers, with orders supporting a further uplift in H2. In addition, the actions taken to restructure the business and improve operational efficiencies are only part-way through delivering the full benefit. We see yet more...

Fox Davies Capital Update featuring Aero Inventory, BAE Systems, Chemring, Croma, Hampson Industries, Qinetiq, Rolls Royce, Ultra Electronics, Umeco, Armour, Azure Dynamics, Catalytic Solutions, Clean

Fox Davies Capital — Fri, 11 Feb 2011 07:55:09 +0000

Fox Davies Capital -:
Cable amp; Wireless Worldwide (LON:CW.) Shaft Sinkers (LON:SHFT) Woodburne Square (LON:WSAG) Botswana Diamonds (LON:BOD) Frontier IP Group (LON:FIPP) Conroy Gold amp; Natural Resource (LON:CGNR) Cupid (LON:CUP) Berendsen (LON:BRSN) PeerTV (LON:PTV) PhotonStar LED Group (LON:PSL) Cropper (James) (LON:CRPR) Manroy (LON:MAN) HiWave Technologies (LON:HIW) Porta Communications (LON:PTCM) Mar City (LON:MAR) Noricum Gold (LON:NMG) Ferrum Crescent (LON:FCR) Athol Gold (LON:AHG) TMT Investments (LON:TMT) InternetQ (LON:INTQ) Hummingbird Resources (LON:HUM) Wasabi...

Entering the end-game?

Edison Investment Research — Mon, 17 Jan 2011 12:48:38 +0000

Edison Investment Research published:
Ever since Philip Bowman took charge of Smiths Group in late 2007, the expectation has been that its destiny lies in a break-up of the conglomerate. As we highlighted following last week's plan by ITT Corp to break itself into three, focus should once again turn to Smiths, something that will only intensify with the announcement that it has rejected a £2.45bn bid for Smiths Medical. With the turn-around nearly complete and markets in recovery-mode, we feel that it is only a matter of time before a satisfactory bid will...

Proton Power Systems Plc, Vphase Plc, Cosalt, Smiths Group, @uk, Geong International, Iomart Group, Tikit Group, Communisis, Eckoh Plc, Network - HB Markets News Flash

HBMarkets — Mon, 01 Nov 2010 08:53:24 +0000

HBMarkets -:
@uk (LON:ATUK) (ATUK, 4.375p, £2.84m) has launched an e-procurement package with BarclayCard Commercial that offers participating universities guaranteed cost savings. The launch follows news that the Higher Education Funding Council had earmarked up to £6m for an e-procurement fund, £5m for individual universities to establish an emarketplace and £1m for a generic emarketplace for the 129 Higher Education Institutions. With the funding offers sent to the universities they are about to enter the procurement stage with an estimated £2m- £3m to spend. With clear hope for good news in...

Walker Greenbank, Cml Microsystems, Sarantel Group, Peel Hotels - HB Markets News Flash

HBMarkets — Wed, 13 Oct 2010 08:53:52 +0100

HBMarkets -:
Cml Microsystems (LON:CML) (CML, 86.5p, £12.93m) CML has announced an agreement with Toshiba Electronics Europe that will see CML benefit from Toshiba’s library of Application Specific Integrated Circuit design and manufacturing services. The agreement is with CML’s Hyperstone which is a manufacturer of flash memory and solid state memory disk controllers. First products are already underway with samples expected in Q1 2011. Given the positive outlook from Intel overnight we see upside in the price a return CML to the BUY with a 119p price target or a modest 12x...

FTSE 100 slightly down as TUI profit warning raises doubts over the leisure sector

Stock Market Wire — Tue, 10 Aug 2010 12:31:42 +0100

Stock Market Wire -:
Headline shares were modestly lower in midday trade, as falling house prices and slowing retail growth added pressure to already fragile investor sentiment, with holiday operator Tui Travel Plc (LON:TT.) tumbling on a profit warning. At high noon, the FTSE100 was down 16.39 points at 5,394.13 with the FTSE250 off 88.4 points at 10,123.8 and the FTSE Smallcaps 7.91 points lower at 2,826.83. US stock futures moved sharply lower ahead of the Fed's announcement on interest rates and monetary policy later in the day. Dow Jones Industrial Average futures lost 68 points...

Midday Report: FTSE 100 headline shares consolidate gains as Fresnillo and Kazakhmys lead miners while BP and Home Retail slip

Stock Market Wire — Mon, 14 Jun 2010 11:54:18 +0100

Stock Market Wire -:
Headline shares consolidated gains at midday buoyed by rises in banks and miners and by rising investor confidence over a possible global recovery. As lunch approaches the FTSE 100 is up 27.32 points trading at 5191. US markets were seen as opening higher this afternoon with stock futures showing gains on Wall Street.LONDON MARKETSBanks and miners led the market forward at midday with investor confidence optimistic over potential global recovery. Miners were also buoyed by higher commodity prices, with the FTSE 100 leaders table being dominated by them. Beleaguered BP...

Smiths Group set to meet full year expectations as operational plan pays off

Stockopedia News — Tue, 18 May 2010 08:37:33 +0100

Stockopedia News -:
Diversified technology group Smiths Group (LON:SMIN) said today that it was on course to meet expectations for the full year as better margins and strong cash generation followed in the wake of a programme of operational improvement in the nine months to May 1, 2010. Smiths said trading for the three months to May had been in line with earlier guidance, with improvements in both underlying revenues and headline operating profit margins.Smiths – whose main operating divisions include Smiths Detection, John Crane, Smiths Medical, Smiths Interconnect and Flex-Tek – develops...