Group overview
Spectris designs, develops and markets productivity-enhancing instrumentation and controls. Our products, applications and services help customers to improve product quality and performance, improve manufacturing processes, reduce downtime and wastage and reduce time to market.
We operate across a diverse range of markets
Our businesses are leaders in their specialised markets, with strong brands and market-leading products. Our customers are multinational, blue-chip customers in a diverse range of end markets, with no individual market representing more than 12% of sales and no individual customer representing more than 1%. Metals, minerals and mining, pharmaceuticals, pulp and paper, and transportation (primarily automotive and aerospace) are the principal industry sectors. Our core business is the design, assembly and testing of our products, and we outsource manufacturing and non-core activities where possible in order to reduce fixed costs and speed up response times.
We operate on a global scale
Our sales and service offices are located around the world, supporting customers in the key regions of Europe, Asia and the Americas, and with a growing presence in other industrialising regions in the rest of the world. We also add value for customers by providing aftermarket services, for example supplying consumables, calibration, consultancy and support services. This area is increasing in importance and currently accounts for around one quarter of our business.
We enable our customers to achieve rapid payback on their investment
Our products generally involve low capital expenditure and bring significant and rapid payback for customers in terms of increased productivity. A typical example is the installation of a BTG Mütek system at a large producer of recycled fibre-based carton board, which, by cutting chemical additives and boosting productivity, paid for itself in just three months. In another example, a UK mineral processing company has increased throughput by around 60% following the installation of a Malvern in-line particle size analyser. The majority of our sales are to customers who are looking to upgrade existing processes at modest cost.