Group profile
Fairey Group is a leading supplier of specialist technology-based instrumentation and electronic controls. We drive growth through clearly understanding our customers' requirements and using our intellectual know-how to develop solutions for them which create competitive advantage. Our businesses are leaders in their specialised markets and work with customers in diverse industries on a worldwide basis. Our management philosophy, high-calibre employees and operating culture are the keys to the success of our business.
   
       
Fairey Group uses technology to develop solutions for customers which improve quality, increase productivity, reduce downtime, eliminate waste and enhance throughput.  
   
 

Delivering on strategy

• Organic sales growth of 24%

• Product gross margins maintained despite euro and yen weakness

• Continuing strong cash generation

• Spectris acquisition provides an immediate earnings-enhancing contribution

Financial highlights

  2000
1999
Sales * £464.0m
£275.3m
Operating profit £58.6m
£35.5m
Normalised earnings per share 34.6p
22.4p
Dividend per share 11.7p
11.0p
* Before exceptional items and goodwill amortisation