Smiths Group (LON:SMIN) lowered its full-year organic revenue growth outlook after Middle East-related disruption weighed on its John Crane business in the third quarter, Chief Financial Officer Julian Fagge said on the company’s Q3 2026 trading update call.
Fagge said Smiths’ organic revenue was flat in the quarter, bringing organic growth for the first nine months to 0.2%. He described the performance as “resilient” given disruption in global energy markets, continued softness in U.S. construction and a tough prior-year comparison in Flex-Tek.