07 Mar 2006
Spectris plc, the precision instrumentation and controls company, announces preliminary results for the year ended 31 December 2005.
*See explanatory notes on page 2
Highlights:
- Increased sales and operating profit in all three sectors
- Operating margins increased from 10.5% to 11.2%
- 107% cash conversion of operating profit
- Significant reduction in net debt from £158.9 million to £119.9 million
Commenting on the results, John Poulter, Chairman, said:
"The company achieved good progress in 2005, with sales, operating profit and margins all ahead. Actions to restrain overheads, restore profitability in under-performing businesses, improve margins and generate cash were all positive. Levels of demand in the first two months of the year provide encouragement that the company will show further good progress in 2006."
Follow this link to download the entire announcement in PDF format (260Kb).
Follow this link to view the analyst presentation in PDF format
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