Tue, 31st Mar 2020 07:33
March 31 (Reuters) - UK's Smiths Group said on
Tuesday the separation of its medical unit will be delayed, as
it focuses on making and delivering ventilators to hospitals
tackling the shortage of life-saving equipment as the
coronavirus spreads.
The company also cancelled its dividend payment and said it
was looking at cutting costs, bracing for a drop in overall
global demand for its range of products in other areas.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Bernard
Orr)
(Alliance News) - Smiths Group PLC on Tuesday reaffirmed guidance after announcing organic revenue growth across the business.
(Sharecast News) - Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the enginee...
(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensi...
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Smiths Group (SMIN)