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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Smiths Group    SMIN   GB00B1WY2338

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Smiths : CFO to step down

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05/19/2017 | 12:21pm CEST

British engineering company Smiths Group said on Friday that Chief Financial Officer Chris O'Shea will step down.

It said Bill Seeger, a non-executive director, had assumed the role of interim CFO with immediate effect.

The company, which reported a 27 percent rise in first-half headline operating profit, said its outlook for the year remained in line with its previous guidance.

Shares in Smiths were down 1.2 percent 1,599p at 1007 GMT, making them one of the top five losers on the UK blue chip <.FTSE> index.

(The story was refiled to fix the headline)

(Reporting by Rahul B in BengaluruEditing by Jason Neely)

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Financials ( GBP)
Sales 2017 3 288 M
EBIT 2017 555 M
Net income 2017 398 M
Debt 2017 671 M
Yield 2017 2,72%
P/E ratio 2017 17,09
P/E ratio 2018 17,67
EV / Sales 2017 2,15x
EV / Sales 2018 2,02x
Capitalization 6 407 M
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Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 17,0  GBP
Spread / Average Target 4,8%
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Managers
NameTitle
Andrew Reynolds Smith Chief Executive Officer & Executive Director
George William Buckley Chairman
William C. Seeger Chief Financial Officer & Director
Kevin R. Tebbit Senior Independent Director
Anne C. Quinn Independent Non-Executive Director
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