Spectris has reported 2015 adjusted operating profit of £181.1m in line with its Q3 guidance, which was for profit towards the bottom of the range at that time of £179-196m. This is in line with our forecast of £180.5m, but is materially above the bottom of the current market range, suggesting upgrades to consensus. Trading does not appear to have weakened since the Q3 trading update and the outlook appears more encouraging than when Spectris last reported, not least to the group’s own efforts t ....
16 Feb 2016
2015 results in line; outlook more positive
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2015 results in line; outlook more positive
Spectris plc (SXS:LON) | 3,161 379.3 0.4% | Mkt Cap: 3,182m
- Published:
16 Feb 2016 -
Author:
Jo Reedman -
Pages:
3
Spectris has reported 2015 adjusted operating profit of £181.1m in line with its Q3 guidance, which was for profit towards the bottom of the range at that time of £179-196m. This is in line with our forecast of £180.5m, but is materially above the bottom of the current market range, suggesting upgrades to consensus. Trading does not appear to have weakened since the Q3 trading update and the outlook appears more encouraging than when Spectris last reported, not least to the group’s own efforts t ....