INV NA 10/2004
2
Smiths Aerospace
Systems and equipment for
military and commercial aircraft
Smiths Detection
Equipment for protection against threats to security
Smiths Medical
Devices for critical care
and medication delivery
Specialty Engineering
Application-specific electronic
and engineered products
£1,006m
Margin 10%
£317 million
Margin 18%
£487 million
Margin 19%
£868 million
Margin 13%
sales
proportion of op. profit
Smiths Group: four divisions, all performing strongly
Contribution to FY 2004
28%
15%
26%
31%
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