22 Aug 2008
Spectris plc, the productivity-enhancing instrumentation and controls company, announces interim results for the six months ended 30 June 2008.
Highlights
- Sales from continuing businesses up by 8% at constant currencies, organic sales up by 6%
- Continued margin expansion and increased R&D investment
- All business segments grew sales and profits at constant currencies
- All regions grew sales at constant currencies; Asia up by 11%
- Strong balance sheet provides flexibility for further growth
Commenting on the results, John O’Higgins, Chief Executive, said:
“With sales, profits and margins all showing increases compared with the prior year, Spectris has had an excellent first half. Orders to date continue to be encouraging. Our balance sheet and financial position remain strong and we believe the diversity of the end markets and geographies we serve, as well as our focus on enhancing customers’ productivity, should provide both resilience and growth opportunities. Looking forward, we continue to anticipate results in line with expectations for the remainder of 2008.”
To download a copy of the full announcement in pdf format click here.
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