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Spectris treads water

The specialist in productivity enhancement will complete a disposal next month
Spectris treads water

Spectris (SXS) expects to complete the sale of its BTG business to German outfit Voith GmbH & Co for €319m (£283m) at the start of December, as the supplier of productivity-enhancing instruments and controls continues with a bid to slim down and specialise that will also see it capture benefits of up to £20m in a profit improvement programme this year.

IC TIP: Buy at 2,711p

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