(Reuters) - British engineering conglomerate Smiths Group Plc (L:SMIN) said full-year headline operating profit fell 10 percent, hurt by weak performance at its medical and detection units and a strong pound.
Smiths, a maker of industrial seals, medical devices and security detectors, said it continued to remain cautious about healthcare and homeland security that are subject to government funding constraints.
The company, which marked its centenary at the London Stock Exchange this July, said it would pay a dividend of 40.25 pence per share compared with the 39.5 pence it paid last year.
Headline operating profit fell to 504 million pounds for the full-year ended July 31 from 560 million pounds a year earlier.
Revenue fell 5 percent to 2.9 billion pounds.
(Reporting by Aashika Jain in Bangalore; Editing by Gopakumar Warrier)