20 February 2013 - Spectris plc, (SXS: LSE) the productivity-enhancing instrumentation and controls company, announces preliminary results for the year ended 31 December 2012.

Key operational indicators (£m)	2012	2011	Change	Change at CER**	Organic change at CER***
Sales	1,230.8	1,106.2	+11%	+13%	+3%
Adjusted operating profit*	228.9	201.5	+14%	+16%	+6%
Adjusted profit before tax*	217.3	191.6	+13%
Adjusted earnings per share*	137.5p	124.1p	+11%
Adjusted return on sales*	18.6%	18.2%	+0.4pp
Dividend	39.0p	33.6p	+16%
Statutory
Operating profit	196.5	175.8	+12%
Profit before tax	186.7	166.0	+12%
Basic earnings per share	120.7p	108.7p	+11%

* Adjusted figures exclude certain non-operational items, as defined in Note 2
** At constant exchange rates
*** At constant exchange rates excluding acquisitions

Highlights

• Strong operating performance despite challenging environment
• Good growth in Asia and North America
• Recent acquisitions increase resilience through greater exposure to Operational Expenditure
• Increased R&D investment in new products, technologies and applications
• Return on Sales increased to 18.6%
• Continued strong cash conversion of 93%
• Dividend up by 16%

Commenting on the results, John O’Higgins, Chief Executive, said:

“This strong result was achieved through the progress we made on all aspects of our strategy. We will continue to invest in new products and applications which enhance our customers’ productivity, seek further geographic growth opportunities across the group, and improve the resilience of the business through organic and acquisition activities. The Board is confident that Spectris continues to be strategically well-positioned for 2013 and beyond.”

 

Contacts:

Spectris plc
John O’Higgins, Chief Executive

Clive Watson, Group Finance Director

Cléa Rosenfeld, Head of Corporate Affairs

FTI Consulting

Richard Mountain / Susanne Yule

The meeting with analysts will be available as a live webcast on the company’s website at www.spectris.com, commencing at 08.30, and a recording will be posted on the website shortly after the meeting.

Copies of this notice are available to the public from the registered office at Heritage House, Church Road, Egham, Surrey TW20 9QD, and on the company’s website at www.spectris.com

 

About Spectris

Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The Company’s products and technologies help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, England, the Company employs approximately 7,600 people located in more than 30 countries.

For more information, visit www.spectris.com

To download the entire announcement in pdf format click on the link below: