Smiths overhaul overshadows seemingly strong trading

Investors in Smiths (SMIN) are being asked some tough questions as the FTSE 100 multi-national engineering business reshapes its business. Today’s announcement confirmed sweeping changes that will see parts of the business sold. In addition, there will be a fresh £1.5 billion capital return to shareholders. This comes alongside seemingly solid half year trading. That … Continue reading Smiths overhaul overshadows seemingly strong trading