9 September 2002
Spectris plc, the precision instrumentation and controls company, announces its interim results for the six months to 29 June 2002.
2001 figures have been restated following adoption of FRS 19.
Highlights:
Respectable second quarter after weak first quarter
Management actions:
Strong cash generation - 90% conversion of operating profit
Acquisition of Philips Analytical will provide immediate earnings-enhancingcontribution
Dividend increased by 4%
Commenting on the results, Hans Nilsson, Chief Executive, said:
"We delivered a respectable second quarter after a weak first quarter as demand improved. Our focus on customers, together with continued emphasis on operational efficiencies, combined with the benefits from the Philips Analytical acquisition, provide a sound platform for the second half and beyond."
To download the entire announcement in pdf format click here.
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