TITLE

Smiths Group flying high

AUTHOR(S)
Lee, Andrew
PUB. DATE
March 2005
SOURCE
Engineer (00137758);3/29/2005, Vol. 293 Issue 7671, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that recovery in commercial aviation activities helps boost engineering giant Smith Group PLC's results. A focus on fast-growing engineering and technology sectors helped Smiths Group to another strong set of financial figures. Total group sales rose six per cent to �1.34bn, yielding a 16 percent increase in pre-tax profits to �155m. A recovery in the commercial aviation sector helped push up the division's sales by 17 percent and profits by almost a quarter. While there was good news across the group, Smiths was particularly upbeat over the prospects for its aerospace division.
ACCESSION #
16659419

 

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