Div­i­dend paid at Smiths Group de­spite profit fall

The Daily Telegraph - Business - - Business -

In­dus­tri­als con­glom­er­ate Smiths Group’s an­nual pre-tax prof­its fell from £278m to £133m, held back by lower vol­umes in the sec­ond half, as well as the costs of deal­ing with coro­n­avirus. Rev­enues climbed 2pc to £2.55bn. Smiths will pay a fi­nal div­i­dend of 24p per share, along with an 11p in­terim div­i­dend, which had been de­layed.

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