Report
Denise Molina
EUR 100.00 For Business Accounts Only

Smiths Group is well positioned as a leading player in niche markets.

Smiths Group reported a mixed set of results in the first half with a 1% group level organic revenue decline and an underlying 51-basis-point EBIT margin contraction, after adjusting for adverse exchange rates.  After analysing the results, we attribute the margin decline mainly to restructuring costs from noncore businesses (39 basis points of the decline) and increased research and development spend (10 basis points of the decline), with some positive offsets from increased service revenue. Se...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Denise Molina

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