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Engineering firm Smiths Group sees better second half after profit beat By Reuters

(Reuters) – Smiths Group (LON:SMIN) on Friday forecast improving trends for the second half of the fiscal year after the British engineering firm reported a better-than-expected profit and added that it was on track to separate its medical unit by the fourth quarter.

The company, whose baggage screening kit and explosive detectors are a common sight in airports, said headline operating profit for the six months ended Jan. 31 slipped 6% to 166 million pounds ($228.20 million). Revenue from continuing operations came in at 1.15 billion pounds.

($1 = 0.7274 pounds)

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