31st Jan 2007 07:01
Smiths Group PLC31 January 2007 Trading statement for the period ending 6 months 3 February 2007 Smiths Group will report its results for the 6 months ending 3rd February, 2007on Wednesday 21st March, 2007. Under IFRS accounting rules, Smiths Aerospacewill be shown as a discontinued business. Therefore the results will focus onthe continuing businesses of Smiths Group, being Smiths Detection, SmithsMedical and Smiths Specialty Engineering. Furthermore, it is not expected thatfurther details of the Smiths GE Detection joint venture will be announced onthat date. On a divisional basis, Detection and Specialty Engineering have performedslightly ahead and Medical slightly behind management expectations. Thisperformance has been in an environment of substantial adverse currencymovements, with a 15 cent decline in the US dollar to an expected average of$1.92 for the period against sterling as compared to the corresponding period inthe Company's last financial year. Overall, Smiths is performing in line withmanagement's expectations for the period to 3rd February, 2007. -o- Investor Relations MediaRussell Plumley Chris Fox+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:
Smiths Group