Smiths Group guidance seen stronger as fiscal 2026 beats
Jefferies says Smiths Group’s fiscal 2026 results beat expectations and its guidance for the year ahead appears better than markets feared, especially for Flex-Tek.
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07:42:28 AM UTC
SquawkNews
By Adria CalatayudSmiths Group shares rose after the U.K. industrial-engineering company reported fiscal-year results that beat analysts' expectations and projected an acceleration in top-line growth for the year ahead.Shares in Smiths Group were up 4.6% in early European trading Tuesday, making t…
K. industrial-engineering company issued guidance for the year ahead that was possibly better than the market feared, Jefferies analysts said in a research note, particularly for Flex-Tek.