Finance

UK's Smiths upgrades annual outlook, names new CFO

Published by Global Banking & Finance Review

Posted on January 14, 2025

1 min read

· Last updated: January 27, 2026

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(Reuters) - British engineering firm Smiths Group on Tuesday upgraded its annual organic revenue growth outlook to 6%-8%, up from the previous forecast of 5%-7% and named Julian Fagge, the president

UK's Smiths upgrades annual outlook, names new CFO

(Reuters) - British engineering firm Smiths Group on Tuesday upgraded its annual organic revenue growth outlook to 6%-8%, up from the previous forecast of 5%-7% and named Julian Fagge, the president of Smiths Interconnect, as its new CFO.

Current finance boss Clare Scherrer will retire from her role at the end of January and will support a handover until she leaves on April 30, Smiths said.

(Reporting by Chandini Monnappa in Bengaluru)

Key Takeaways

  • Smiths Group raises its annual revenue growth outlook.
  • Julian Fagge appointed as new CFO of Smiths Group.
  • Clare Scherrer to retire as CFO by end of January.
  • Smiths Interconnect's president to take over CFO role.
  • Revenue growth forecast increased to 6%-8%.

Frequently Asked Questions

What is the new revenue growth outlook for Smiths Group?
Smiths Group has upgraded its annual organic revenue growth outlook to 6%-8%, up from the previous forecast of 5%-7%.
Who has been appointed as the new CFO of Smiths Group?
Julian Fagge has been named the new CFO of Smiths Group.
When will Clare Scherrer retire from her role?
Clare Scherrer will retire from her role at the end of January and will assist with the handover until April 30.

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