Moody's Keeps Smiths Group Ratings With Revised Outlook

05:33 AM EST, 12/14/2025 (MT Newswires) -- Moody's maintained Smiths Group's (SMIN.L) Baa2 long-term issuer rating and Baa2-backed senior unsecured ratings on Dec. 12, revising the outlook to stable from negative. The ratings affirmation is based on the British engineering company's progress in clarifying its portfolio simplification strategy and shareholder distribution plans. The revised outlook is underpinned by enhanced visibility into Smiths' planned return of proceeds from disposals of Smiths Interconnect and Smiths Detection to shareholders.