New entry with a small position

Smiths Group plc $SMIN (+0,2%)

Smiths Group plc was founded in 1851 and has a global presence with production facilities and branches in over 50 countries. The company is headquartered in London.

6.5 billion Eur market cap.

2-digit earnings growth

P/E RATIO (2025) 15

Dividend (2025) 2.8%

Smiths Detection, probably the best-known business segment, offers technology products and services for the detection and identification of chemical, biological, radiological, nuclear and explosive (CBRNE) hazardous materials, the detection of contraband and other dangerous or illegal objects. Everyone has probably walked past it at the airport or been screened for drugs and explosives.

Other sectors include Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek.