UK engineering firm Smiths upgrades annual revenue growth outlook

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:UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8 per cent rise in first-quarter revenue.

The company now expects full-year organic revenue growth of 5 per cent-7 per cent, up from its previous forecast of 4 per cent-6 per cent.

The firm, known for its baggage-screening equipment and explosive detectors frequently found at airports, said it was resuming its share buyback programme.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Smiths Organic Million Buyback Growth Cent Revenue Increase Firm Expects Group

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 15:23:30 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 183 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 23568447

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