Smiths Group PLC Smiths Group plc - John Crane deep dive (1346V)

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RNS Number : 1346V

Smiths Group PLC

30 November 2023

News Release

30 November 2023

SMITHS GROUP PLC - JOHN CRANE DEEP DIVE

Pioneers of progress - improving our world through smarter engineering

John Crane - a powerful example of Smiths' strategy in action

Smiths Group plc ("Smiths" or "the Group") is hosting an investor and analyst event today at its John Crane facility in Slough, with presentations and a site tour. The presentations will be available to view on the Smiths website at www.smiths.com .

The event will focus on John Crane as a powerful example of Smiths' strategy in action. John Crane is a leading provider of highly engineered mission-critical technologies with a large installed base, long-standing customer relationships and a global service network. It has excellent positions in secularly attractive markets with long-term growth drivers, particularly from the energy transition, and delivers strong financial performance with high margins and returns.

The event will be led by Smiths Group CEO, Paul Keel, and will feature presentations from the John Crane senior leadership team:

-- Bernard Cicut, John Crane President, will provide an overview of the business and illustrate how John Crane implements its strategy to serve its end markets and create sustainable competitive advantage;

-- Sook Won Moon, VP Sales & Aftermarket, will cover key commercial aspects of the business and how the long-term growth of the business is supported by the value it provides to customers;

-- Frank Ma, VP of New Energy Solutions, will discuss how John Crane's expertise and proven portfolio of products and services supports customers in both conventional and new energy markets; and

-- Rob Sharman, VP Customer Operations, will discuss the successful execution from first order through to OE delivery and aftermarket service, and how John Crane has been scaling supply to meet growing demand.

No new material financial information or update on trading will be provided during the event.

 
 Investor enquiries             Media enquiries 
 Siobhán Andrews, Smiths   Tom Steiner, Smiths 
  Group                          Group 
  [phone]             [phone] 
  [e-mail]     [e-mail] 
 Ahmed Ammori, Smiths Group     Alex Le May, FTI Consulting 
  [phone]             [phone] 
  [e-mail]        [e-mail] 
 

Legal Entity Identifier (LEI): 213800MJL6IPZS3ASA11

About Smiths Group

For over 170 years, Smiths Group has been pioneering progress by improving our world through smarter engineering. We serve millions of people every year, to help create a safer, more efficient and

better-connected world, across four major global markets: Energy, General Industry, Safety & Security and Aerospace. Listed on the London Stock Exchange, Smiths employs more than 15,000 colleagues in over

50 countries. For more information visit www.smiths.com .

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November 30, 2023 02:00 ET (07:00 GMT)