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Knowledge Leader Company Highlight: Smiths Group Plc

Smiths Group Plc (ticker: SMIN-GB) is a U.K.-based industrial conglomerate operating in five discrete segments. John Crane, a provider of engineered products and services to global energy services customers; Smiths Medical, a supplier of specialty medical devices and consumables related to infection and injury, patient airway and temperature management, in-vitro fertilization, diagnostics, and emergency transport; Smiths Detection, a designer and manufacturer of sensors that detect and identify explosives, weapons, chemical agents, biohazards, nuclear & radioactive material, narcotics, and contraband; Smiths Interconnect, a leader in technically differentiated electronic components and sub-systems providing signal, power, and microwave solutions; and, finally, Flex-Tek, a global provider of engineered components that heat and move fluids and gases in various applications among the aerospace, medical, industrial, construction, and domestic appliance markets. Smiths Group serves customers ranging from governments and government agencies, to hospitals, petrochemical companies, equipment manufacturers and service providers around the world.

In the company’s quarterly call earlier this week, management...