Smiths Group's Outlook Improves as Portfolio Reset Is Completed

Smiths Group has completed its transformation into a focused industrial technology company built around two core businesses, John Crane and Flex-Tek, which specialize in engineered flow and heat management solutions. These divisions operate in attractive, noncommoditized niches where performance, reliability, and service support are critical to customers. Both have strong positions in markets shaped by long-term drivers such as energy security, industrial efficiency, aerospace growth, and digital infrastructure investment.