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Spectris growth back to normal

Spectris is still growing fast and generating plenty of cash
November 14, 2011

A reassuring update sent shares in Spectris to a two-month high. Like-for-like sales for the four months to 31 October grew 12 per cent, or 21 per cent including acquisitions and currencies, driven largely by the Far East. Three of the four divisions delivered double-digit growth, despite a return to "more normal levels".

IC TIP: Buy at 337p