Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSmiths Group Share News (SMIN)

Share Price Information for Smiths Group (SMIN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,646.00
Bid: 1,648.00
Ask: 1,649.50
Change: -7.50 (-0.45%)
Spread: 1.50 (0.091%)
Open: 1,655.50
High: 1,661.50
Low: 1,641.50
Prev. Close: 1,653.50
SMIN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK WINNERS & LOSERS SUMMARY: Rolls-Royce Up As Bad News Is No Surprise

Mon, 06th Apr 2020 10:57

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.

----------

FTSE 100 - WINNERS

----------

Rolls-Royce Holdings, up 16%. The jet engine maker suspended its shareholder payout, withdrew financial guidance for 2020 and secured a new loan amid the grounding of aircraft around the world due to the Covid-19 pandemic. Rolls-Royce secured an additional GBP1.5 billion revolving credit facility commitment with a consortium of banks, increasing its overall liquidity to GBP6.7 billion. The company has decided to cancel a final shareholder payment of 7.1 pence per share with respect to 2019. "The collapse in air travel has seen half of its revenue disappear, as airlines ground their fleets," said CMC Markets analyst Michael Hewson, adding: "This morning's rebound in the share price suggests that markets knew this was coming and was already priced in." Meggitt and Melrose Industries, which like Rolls-Royce provide aftermarket services to the aerospace sector, were up 12% and 11% respectively in a positive read-across.

----------

FTSE 100 - LOSERS

----------

Smiths Group, down 2.9%. The engineer posted a 48% year-on-year drop in first-half pretax profit and said that Covid-19 disruption was "accelerating", with impact on both demand and supply in the near-term. Smiths also said it is withdrawing forward guidance for the year ending in July as it is "too early to assess the full impact of Covid-19". On Tuesday last week, Smiths had said it won't pay an interim dividend due to weak demand as a result of the Covid-19 health crisis. It also had halted the separation of Smiths Medical from the rest of the group. The company on Monday said it is now seeing generally weaker demand - with the exception of in its Medical business - due to contract delays, lower oil prices and airport closures. For the six months to January 31, Smiths recorded pretax profit of GBP46 million, down sharply from GBP89 million a year ago. The drop was attributed to a doubling in exceptional costs to GBP114 million from GBP57 million.

----------

Antofagasta, down 1.0%. The Chilean copper miner said it has suspended its operations at the Los Pelambres expansion project for an estimated maximum period of 120 days. The company explained that it is not possible to continue working "normally" as a result of the health emergency caused by the coronavirus. This decision makes it possible to strengthen general hygiene and social isolation measures, thus protecting the health of both workers and communities, Antofagasta explained. In addition, RBC Capital cut the stock to Underperform from Sector Perform.

----------

FTSE 250 - WINNERS

----------

GVC Holdings, up 14%. The gambling firm said it was in a robust position after it cut its estimated earnings hit from the Covid-19 outbreak. In the quarter ended March 31, GVC said total net gaming revenue rose 1% year-on-year, helped by 16% growth in Online alone. In the UK Retail unit, like-for-like revenue sunk 19% annually and there was a 3% fall in the European Retail arm. The disrupted sporting calendar led to GVC initially expecting a GBP100 million monthly hit to its earnings before interest, tax, depreciation and amortisation. On Monday, however, GVC cut its estimated monthly earnings fall to GBP50 million, after it reduced costs. GVC said: "In the UK, GVC is eligible to receive the government grant towards employment costs as we furlough retail colleagues and retain them on full pay, as well as the business rates relief, which together the group estimates will reduce costs by nearly GBP20 million per month."

----------

Bodycote, up 8.5%. The heat treatment services provider said it is keeping its final dividend proposal under review amid Covid-19 uncertainties as it also said it has completed the USD200 million acquisition of Ellison Surface Technologies. Back in March, the coatings services firm said it would pay a final dividend of 14.0 pence per share, up from 13.3p declared the prior year. However, it said that uncertainty caused by the outbreak has resulted in it keeping the proposal for that final dividend under review. Bodycote had already paid an interim dividend of 6.0p, up from 5.7p a year before. While trading in the first quarter has not been hurt, the company expects conditions to get worse and is therefore implementing cash conservation measures. It added that it currently has GBP147 million of available liquidity and is therefore in a strong financial position to withstand "a significant decline in trading conditions".

----------

FTSE 250 - LOSERS

----------

Playtech, down 8.5%. Deutsche Bank cut the betting and gaming firm to Hold from Buy.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
Today 13:43

UK dividends calendar - next 7 days

Friday 29 March 
Energean PLCdividend payment date
Fiske PLCdividend payment date
Triple Point Social Housing REIT PLCdividend payment date
Monday 1 April 
no events scheduled 
Tuesday 2 April 
Ashmore Group PLCdividend payment date
Braemar PLCdividend payment date
Fair Oaks Income Ltddividend payment date
Fonix Mobile PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
MJ Gleeson PLCdividend payment date
RM Infrastructure Income PLCdividend payment date
Shoe Zone PLCspecial dividend payment date
Temple Bar Investment Trust PLCdividend payment date
Tritax Big Box REIT PLCdividend payment date
Warehouse REIT PLCdividend payment date
Wheaton Precious Metals Corpex-dividend payment date
Wednesday 3 April 
Barclays PLCdividend payment date
Tetragon Financial Group Ltddividend payment date
Thursday 4 April 
Alpha Group International PLCex-dividend payment date
Apax Global Alpha Ltddividend payment date
BP Marsh & Partners PLCex-dividend payment date
Breedon Group PLCex-dividend payment date
Brunner Investment Trust PLCdividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
CT UK High Income Trust  PLC - Class Bex-dividend payment date
Dalata Hotel Group PLCex-dividend payment date
Direct Line Insurance Group PLCex-dividend payment date
Domino's Pizza Group PLCex-dividend payment date
Empiric Student Property PLCex-dividend payment date
European Assets Trust PLCex-dividend payment date
European Smaller Cos Trust PLCex-dividend payment date
Finsbury Growth & Income Trust PLCex-dividend payment date
Games Workshop Group PLCex-dividend payment date
Grit Real Estate Income Group Ltdex-dividend payment date
Hammerson PLCex-dividend payment date
Henderson High Income Trust PLCex-dividend payment date
IMI PLCex-dividend payment date
InterContinental Hotels Group PLCex-dividend payment date
Invesco Asia Trust PLCex-dividend payment date
Kitwave Group PLCex-dividend payment date
Life Science REIT PLCex-dividend payment date
London Finance & Investment Group PLCdividend payment date
Martin Currie Global Portfolio Trust PLCex-dividend payment date
Mondi PLCex-dividend payment date
Nexus Infrastructure PLCex-dividend payment date
OSB Group PLCex-dividend payment date
Pebble Group PLCex-dividend payment date
PZ Cussons PLCdividend payment date
Real Estate Investors PLCex-dividend payment date
Rentokil Initial PLCex-dividend payment date
RIT Capital Partners PLCex-dividend payment date
Schroder Income Growth Fund PLCex-dividend payment date
Shires Income PLCex-dividend payment date
Smiths Group PLCex-dividend payment date
South32 Ltddividend payment date
US Solar Fund PLCex-dividend payment date
VinaCapital Vietnam Opportunity Fund Ltdex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved

Read more
27 Mar 2024 09:03

LONDON MARKET OPEN: FTSE 100 slips as unease lingers before US data

(Alliance News) - Stock prices in London edged lower after the open on Wednesday, with some nervy trade ahead of a US inflation reading later in the week.

Read more
26 Mar 2024 17:06

London close: Stocks rise as US consumer confidence remains stable

(Sharecast News) - London markets closed in positive territory on Tuesday, buoyed by a stable US consumer confidence report and anticipation for upcoming inflation data.

Read more
26 Mar 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat amid China-West tension

(Alliance News) - The FTSE 100 recovered slightly from a tricky morning on Tuesday to trade flat heading into the afternoon, though simmering global tensions have kept a lid on its progress in the early part of the week.

Read more
26 Mar 2024 09:40

LONDON BROKER RATINGS: Dr Martens cut to 'sell'; BofA likes Tullow

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
26 Mar 2024 09:39

TOP NEWS: Smiths names new CEO and launches buyback as results deliver

(Alliance News) - Smiths Group PLC on Tuesday said that a strong performance by John Crane had spared its interim results from a semiconductor market hit, as the company also announced the appointment of a new chief executive officer and kicked off a major share buyback programme.

Read more
26 Mar 2024 08:08

LONDON BRIEFING: Flutter hails US success; Smiths names new CEO

(Alliance News) - London's FTSE 100 opened lower on Tuesday, as a slow start to the week continues, with investors having simmering global tensions to be mindful of.

Read more
19 Mar 2024 15:54

UK earnings, trading statements calendar - next 7 days

Wednesday 20 March 
Computacenter PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eurocell PLCFull Year Results
FDM Group PLCFull Year Results
Investec PLCTrading Statement
IQGeo Group PLCFull Year Results
Kenmare Resources PLCFull Year Results
Prudential PLCFull Year Results
VietNam Holding LtdHalf Year Results
Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Science Group PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
Friday 22 March 
Dunedin Enterprise Investment Trust PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
Phoenix Group Holdings PLCFull Year Results
SkinBioTherapeutics PLCHalf Year Results
Monday 25 March 
Amaroq Minerals LtdFull Year Results
Baillie Gifford Shin Nippon PLCFull Year Results
Central Asia Metals PLCFull Year Results
Gamma Communications PLCFull Year Results
Henry Boot PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
Kingfisher PLCFull Year Results
Pennon Group PLCTrading Statement
Princess Private Equity Holding LtdTrading Statement
RTC Group PLCFull Year Results
Tandem Group PLCFull Year Results
Ocean Harvest Technology Group PLCFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
US Solar Fund PLCFull Year Results
Tuesday 26 March 
888 Holdings PLCFull Year Results
AG Barr PLCFull Year Results
Airea PLCFull Year Results
Bellway PLCHalf Year Results
CAB Payments Holdings PLCFull Year Results
CPPGroup PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Flutter Entertainment PLCFull Year Results
Forterra PLCFull Year Results
Genel Energy PLCFull Year Results
GetBusy PLCFull Year Results
Good Energy Group PLCFull Year Results
Inspired PLCFull Year Results
John Wood Group PLCFull Year Results
Life Science REIT PLCFull Year Results
Luceco PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
NIOX Group PLCFull Year Results
Ocado Group PLCTrading Statement
Petershill Partners PLCFull Year Results
Regional REIT LtdFull Year Results
Smiths Group PLCHalf Year Results
Softcat PLCHalf Year Results
Time Finance PLCTrading Statement
TruFin PLCFull Year Results
WAG Payment Solutions PLCFull Year Results
Xaar PLCFull Year Results
YouGov PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
12 Mar 2024 09:29

LONDON BROKER RATINGS: UBS cuts abrdn price target but ups Darktrace's

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
1 Mar 2024 10:56

IN BRIEF: Smiths sells 33% of ICU Medical stake for USD88 million

Smiths Group PLC - London-based engineering company operating in the energy, industrial, security and aerospace sectors - Sells 830,000 shares in ICU Medical Inc, around 3.4% of the California-based medical device manufacturer's total share capital. This equates to roughly 33% of Smiths' holding in ICU Medical. Smiths continues to hold 1.7 million shares, or 6.9% of the total share capital of ICU Medical. The company will receive net proceeds of around USD88.0 million from the sale, which it says will be used for general corporate purposes.

Read more
1 Mar 2024 07:12

Smiths Group sells £70m of ICU Medical shares

(Sharecast News) - Engineering firm Smiths Group has sold a third of its stake in US-listed IV therapy specialist ICU Medical for £70m.

Read more
8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
17 Nov 2023 15:49

UK dividends calendar - next 7 days

Monday 20 November 
Dunelm Group PLCdividend payment date
Tuesday 21 November 
no events scheduled 
Wednesday 22 November 
CRH PLCdividend payment date
Henderson Eurotrust PLCdividend payment date
Thursday 23 November 
abrdn Asia Focus PLCex-dividend payment date
abrdn Asia Focus PLCspecial ex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Babcock International Group PLCex-dividend payment date
Blackrock Sustainable American Income Trust PLCex-dividend payment date
Blackrock World Mining Trust PLCex-dividend payment date
British Land Co PLCex-dividend payment date
Castings PLCex-dividend payment date
Craneware PLCex-dividend payment date
DCC PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Great Portland Estates PLCex-dividend payment date
HICL Infrastructure PLCex-dividend payment date
Invesco Asia Trust PLCdividend payment date
JPMorgan Asia Growth & Income PLCdividend payment date
Kainos Group PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Liontrust Asset Management PLCex-dividend payment date
Lok'n Store Group PLCdividend payment date
ME Group International PLCdividend payment date
National Grid PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
RS Group PLCex-dividend payment date
Scottish Mortgage Investment Trust PLCex-dividend payment date
Serica Energy PLCdividend payment date
Tate & Lyle PLCex-dividend payment date
Tatton Asset Management PLCex-dividend payment date
Urban Logistics REIT PLCex-dividend payment date
Vodafone Group PLCex-dividend payment date
Volution Group PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
Young & Co's Brewery PLCex-dividend payment date
Friday 24 November 
abrdn Asian Income Fund Ltddividend payment date
abrdn Smaller Companies Income Trust PLCspecial dividend payment date
Alternative Income REIT PLCdividend payment date
Close Brothers Group PLCdividend payment date
Dunedin Income Growth Investment Trust PLCdividend payment date
Eaton Corpdividend payment date
Edinburgh Investment Trust PLCdividend payment date
FW Thorpe PLCdividend payment date
Greencoat UK Wind PLCdividend payment date
Hansa Investment Co Ltddividend payment date
Henderson Far East Income Ltddividend payment date
Impact Healthcare REIT PLCdividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
MJ Gleeson PLCdividend payment date
Mulberry Group PLCdividend payment date
Next 15 Group PLCdividend payment date
Primary Health Properties PLCdividend payment date
Ricardo PLCdividend payment date
S&U PLCdividend payment date
Smiths Group PLCdividend payment date
Starwood European Real Estate Finance Ltddividend payment date
Target Healthcare REIT PLCdividend payment date
Taylor Maritime Investments Ltddividend payment date
Tesco PLCdividend payment date
Warpaint London PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
16 Nov 2023 09:40

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
16 Nov 2023 09:33

TOP NEWS: Smiths on track to meet annual guidance despite slow start

(Alliance News) - Smiths Group PLC on Thursday reported a slow-down in quarterly organic revenue growth, but said it was still on track to meet its full-year targets.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.