Overview
Smiths Group is a global business, listed on the London Stock Exchange. We develop advanced technology and bring it to life to create products that meet our customers’ evolving needs.
We do this through five divisions, which employ around 23,000 people in more than 50 countries.
Continuing activities
| 2011 | 2010 |
Sales | 2,842 | 2,770 |
Headline operating profit* | 517 | 492 |
Statutory operating profit | 438 | 436 |
Headline basic EPS* | 92.7p | 84.6p |
Statutory basic EPS | 77.8p | 75.3p |
Free cash-flow | 236 | 331 |
Dividend | 36.25p | 34.0p |
Return on capital employed | 17.0% | 16.6% |
*Headline profit is before exceptional items, amortisation of acquired intangible assets, profit/loss on disposal of businesses, costs of acquisitions and financing gains/losses from currency hedging. Free cash-flow and return on capital employed are described in the Financial review.


