16th Mar 2007 07:01
Smiths Group PLC16 March 2007 H1 2006 Re-presentation On Wednesday, 21 March Smiths Group plc will publish its 2007 Interim Results.Following the decision to sell its Aerospace businesses, these results willdistinguish between the continuing and discontinued activities. To assistcomparison with the prior period, Smiths is providing below a re-presentation ofthe comparative figures for the six months ended 31 January 2006. Smiths Group: 2006 Interim Results £m As published Re-presented March 2006 March 2007Sales Aerospace 559 - Medical 355 355 Detection 171 171 Specialty Engineering 504 481 of which, John Crane 245 245 _____ _____Total: Continuing 1,590 1,007 Discontinued - 583 Headline operating profit Aerospace 43 - Medical 61 59 Detection 25 24 Specialty Engineering 64 56 of which, John Crane 29 27 _____ _____Total: Continuing 194 139 Discontinued - 57 _____ _____ - 196 Interest: Continuing (27) (26) Discontinued - (1) Pensions financing: Continuing 16 12 Discontinued - 2 _____ _____Headline PBT: Continuing 183 125 Discontinued - 58 _____ _____ - 183 Headline EPS (p) : Continuing 24.0p 16.3p Discontinued - 7.7p _____ _____ - 24.0p The re-presentation incorporates: the reallocation of pensions administrationcosts from operating profit to pensions financing to be consistent with thatused at 5 August 2006 and, in connection with the disposal, the transfer ofSmiths Aerospace and the TMS unit of Specialty Engineering to discontinuedoperations and the reallocation of corporate overhead not chargeable todiscontinued activities. -o- Investor Relations [email protected] [email protected]+44 (0)20 8457 8203 +44 (0)20 8457 8403 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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