A year of record organic revenue and EPS growth
Smiths had another strong year of progress in fiscal 2023 as we further accelerated our growth, sharpened our execution, and developed and empowered our talented people.
Paul Keel
Smiths Group CEO
Key performance indicators
Financial
Our financial KPIs align to our medium term financial targets
+11.6%
Organic revenue growth
16.5%
Operating profit margin
+39.6%
Headline EPS growth
15.7%
Return on capital employed
86%
Operating cash conversion
41.6p
Total dividend
Operational
Our operational KPIs are aligned to our three Smith Value Engine priorities of Growth, Execution and People
31%
Gross Vitality
11.8%
Greenhouse gas reduction
0.41
Safety recordable incident rate
73
My Say engagement score
25%
Diversity
Please see FY2023 Annual Report for definition of measures