Spectris PLC
11 January 2007
Date: Embargoed until 7.00am, Thursday 11 January 2007
Contact: John O'Higgins, Chief Executive
Spectris plc Tel: 01784 470470
Richard Mountain
Financial Dynamics Tel: 020 7269 7291
SPECTRIS PLC
2006 YEAR END TRADING UPDATE
Spectris plc, the precision instrumentation and controls company, today issues a
trading update ahead of its results for the year ending 31 December 2006, due to
be released on 23 February 2007.
Trading in the second half of the year was in line with expectations. Sales for
the full year (adjusted for the disposal of Arcom) increased by approximately
6%. Operating margins improved as a result of management actions taken and were
higher in the second half than in the same period last year. Profit before tax
and earnings per share on an adjusted basis* are expected to be ahead of most
analysts' estimates. Cash conversion continued to be strong.
Current order levels remain encouraging and we expect to make further good
progress in 2007.
* Adjusted figures are stated before amortisation of acquisition-related
intangible assets, goodwill charges, profits or losses on termination or
disposal of businesses or major fixed assets, unrealised changes in the fair
value of financial instruments, related tax effects and other tax items which do
not form part of the underlying tax rate.
Copies of this announcement are available from the company's registered office
at
Station Road, Egham, Surrey TW20 9NP, and on the company's website at
www.spectris.com.
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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