Smiths Group Plc - Company Profile
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Smiths Group Plc (Smiths Group) manufactures, develops, commercializes, and supports products and services that serve the communications, energy, threat and contraband detection, medical devices, and engineered components industries. An established presence, focus on R&D, and revenue growth are its major strengths, even as increasing trade receivables could be a cause for concern to the company. Regulatory approval, global defense spending, and strategic acquisitions could present ample opportunities to the company. However, stringent regulations, foreign exchange risks and stiff competition could hamper Smiths Group’s business, operating results and financial position.
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