Q3 2026 Smiths Group PLC Trading Statement Call Transcript
Welcome to the Smiths Q3 2026 Trading Update conference call. The call will be hosted by Julian Fagge, Chief Financial Officer at Smiths. (Operator Instructions) Please be advised that today's conference is being recorded. I would now like to hand the conference over to Julian Fagge, Chief Financial Officer at Smiths. Please go ahead.
Thank you. Good morning and thank you for joining us today. Given the current market backdrop and in particular the conflict in the Middle East, we thought it was appropriate to hold a call to discuss our quarter three trading update.
Smiths organic revenue was flat in the quarter, resulting in growth of 0.2% for the first nine months. This was a resilient performance considering the disruption in global energy market, continued softness in US construction and against a tough comparator in Flex-Tek.
In John Crane, organic revenue grew 3%. We began the quarter with a strong opening order book and operational momentum. However, as a
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