Join our community of smart investors

Spectris raises the axe

The measuring instruments specialist has ring-fenced its star players, and placed the rest under review
February 19, 2019

Precision instrumentation and controls business Spectris (SXS) delivered full-year results that outpaced its expectations, announcing that it had beaten adjusted operating profit forecasts by 2 per cent at £238m. However, that excluded £10.8m in one-off costs relating to Project Uplift, Spectris’s efficiency-drive programme.

IC TIP: Buy at 2663p
This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in