March 22, 2019 / 7:14 AM / 5 months ago

Britain's Smiths to separate healthcare unit, H1 profit slips

March 22 (Reuters) - Smiths Group Plc said on Friday it would separate its healthcare unit and list it, as the British engineering firm sharpens its focus on industrial technology.

The company, which provides hospital equipment, industrial services and security sensors, also reported a 1 percent fall in operating profit.

Headline operating profit for the six months ended Jan. 31 fell to 246 million pounds ($323.37 million) from 248 million pounds a year earlier.

$1 = 0.7607 pounds Reporting by Justin George Varghese in Bengaluru; Editing by Anil D'Silva

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