|Headline operating profit (£m)*||571
|Headline PBT (£m)*||513|
|Headline PAT (£m)||379|
Updated 5 April 2018
* Headline profit is before exceptional items, amortisation and impairment of acquired intangible assets, pension charges and financing gains/losses from currency hedging.
Each line is the average for the analysts’ forecasts for that item and as such the numbers do not always total correctly because of rounding differences.
The forecasts in this analysis have been gathered from a number of registered investment analysts and are, as such, publicly available information. These estimates are forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. In distributing this analysis, Smiths Group does not imply its endorsement of, or concurrence with, such information, conclusions or recommendations. Nothing in this analysis should be taken as a recommendation to buy or sell shares in Smiths Group or to take any other action or place any reliance on the analysis. Smiths Group is not regulated by the Financial Conduct Authority and cannot offer investment advice.
Although Smiths Group will endeavour to procure that the information is kept updated, Smiths Group assumes no obligation to update or revise such information to reflect circumstances existing after the date hereof. Neither Smiths Group nor any subsidiary undertaking or any director, officer or employee of Smiths Group accepts any responsibility for the accuracy of the forecasts used in this analysis and therefore shall have no liability whatsoever for the consequences of any reliance or actions taken or not taken based on any of the information in this analysis
The following analyst forecasts are included:
|Bank of America Merrill Lynch||Alex Virgo|
|Credit Suisse||Andre Kukhnin|
|Deutsche Bank||Jonathan Hurn|
|Exane BNP Paribas||Sandeep Gandhi|
|Goldman Sachs||Jack O’Brien|
|JP Morgan Cazenove||Glen Liddy|
|Morgan Stanley||Robert Davies|