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Building on our strong operational and financial performance, we have pursued a number of strategic actions to unlock significant value and enhance returns to shareholders:

  • We are focussing on our world-class John Crane and Flex-Tek businesses.
  • We have completed the sale of Smiths Interconnect to Molex Electronic Technologies Holdings.
  • We have also completed the sale of Smiths Detection to funds advised by CVC Capital Partners.
  • Enabling enhanced returns to shareholders

Our strategy and business model

Smiths is now a premium, focused industrial engineering company specialising in high performance technologies for flow management and thermal solutions.

Business Model FY2025

End Markets

Our businesses operate in attractive, growing end markets aligned with positive structural megatrends:

End Markets FY2025
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