17 January 2025
Following a meeting yesterday, the Board of Smiths Group plc (the "Company" or "Smiths") acknowledges receipt of a letter early this morning from Engine Capital LP, a shareholder in the Company.
The Board welcomes feedback from all shareholders and continues to have a clear focus on creating shareholder value.
Smiths is performing strongly, with an upgrade to guidance in Q1 FY2025, and a second upgrade in guidance to 6-8% organic revenue growth and 40-60bps margin improvement announced on 14 January 2025.
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