Sep 24, 10:19 AM

Dealmaking Smiths Group Misses FY24 Profit Estimates, Shares Dip, Plans North American Acquisitions

UK engineering firm Smiths Group has missed its FY24 profit estimates, leading to a dip in its shares. The company attributed the shortfall to weak demand. Despite this, dealmaking Smiths Group announced plans to acquire two North American firms, indicating a strategic move towards expansion.

#Smiths Group #North American

Written with ChatGPT (GPT-4o).

Sources

The Standard@EveningStandard
1 year ago
Dealmaking Smiths Group under pressure after results miss https://t.co/SPnG21hOxV
Reuters@Reuters
1 year ago
UK engineering firm Smiths misses profit view on weak demand, shares dip https://t.co/O1CXoPQgzQ https://t.co/XruIyMbXpB
Reuters Business@ReutersBiz
1 year ago
UK engineering firm Smiths Group to acquire two North American firms https://t.co/NUFBhT9aXe https://t.co/KecDxekvip

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Dealmaking Smiths Group Misses FY24 Profit Estimates, Shares Dip, Plans North American Acquisitions

Sources

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