EconomyUK's Smiths Group profit beats forecasts, moves to offload US asbestos liability
British engineering firm Smiths Group reported full-year operating profit above expectations on Tuesday and began a process to sell its US asbestos liability. The 175-year-old company said its sweeping portfolio overhaul generated more than £3 billion ($4.01 billion).
UK's Smiths Group profit beats forecasts, moves to offload US asbestos liability
