23 Feb 2007
Spectris plc, the precision instrumentation and controls company, announces preliminary results for the year ended 31 December 2006.
Highlights
- Sales from continuing businesses up 7% (8% at constant currencies)
- Operating margins from continuing businesses improved to 12.9%
- Net debt reduced by £48 million to £72 million, cash conversion of 107%
- Dividend increased by 11%
- Share buy-back of up to £75 million over the next twelve months
Commenting on the results, John O'Higgins, Chief Executive, said:
"2006 was a successful year, both in terms of the results achieved and in positioning Spectris to deliver improved performance in 2007. The current year has started on a strong note, with good order levels across all sectors and geographies. As the benefits of management actions to improve margins further are realised, we are confident of achieving continued good progress."
To download a copy of the full announcement in pdf format click here.
Back
