2008 First Half Trading Updat

RNS Number : 7185Y

Spectris PLC

10 July 2008

 



Date:    Embargoed until 7.00am, Thursday 10 July 2008

SPECTRIS PLC

2008 FIRST HALF TRADING UPDATE

Spectris plc, the productivity-enhancing instrumentation and controls company, today issues a trading update ahead of its half year results announcement for the period ending 30 June 2008, due to be released on 22 August 2008.

The company has continued to make good progress during the first half of 2008, with reported sales expected to be up 16% over the same period in 2007. On a constant currency basis, sales growth from continuing businesses is expected to be approximately 8%, of which just under 2% is from acquisitions. All regions and business segments contributed to this growth. Operating profits will show similar improvement. Our balance sheet and financial position remain strong, with good cash conversion in the period.

We believe the diversity of the end markets and geographies we serve, as well as our focus on enhancing customers' productivity, should provide resilience in the face of any worsening economic environment. Looking forward, we continue to anticipate good progress in line with expectations for the remainder of 2008. 

- ENDS -

Enquiries:	John O'Higgins, Chief Executive, Spectris plc	Tel: [phone]
	Clive Watson, Group Finance Director, Spectris plc	Tel: [phone]
	Richard Mountain, Financial Dynamics	Tel: [phone]

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.

 

END

 

 

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