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SXS Spectris Plc

3,306.00
98.00 (3.05%)
03 May 2024 - Closed
Delayed by 15 minutes
Spectris Investors - SXS

Spectris Investors - SXS

Share Name Share Symbol Market Stock Type
Spectris Plc SXS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
98.00 3.05% 3,306.00 16:35:11
Open Price Low Price High Price Close Price Previous Close
3,160.00 3,160.00 3,310.00 3,306.00 3,208.00
more quote information »
Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Top Investor Posts

Top Posts
Posted at 02/11/2022 15:19 by philanderer
'Investors think too much cash is a bad thing – but it’s this stock’s biggest strength'

Questor share tip: a restructuring plan is turning this company into a focused, high-margin business
Posted at 29/10/2021 15:51 by nerja
Interactive investors winter list,

Lio, Safe, Xpp, Hlma, Adm, Synt, SXs, Hils,

It’s performed very well over the last 8 winters
Posted at 19/2/2018 18:14 by sharw
Excellent results today - presentation webcast at:
Posted at 23/4/2013 16:25 by broadwood
Following a sharp fall in the share price of instrumentation and controls company Spectris on Friday after its first-quarter trading update, Investec has upgraded the stock from 'hold' to 'buy'.

The stock slumped by over 15% from 2,225p on Thursday's close (before the statement) to just 1,880p by Monday's close after the firm reported a decline in sales on Friday due to a deferral of orders and shipment delays.

Analyst Michael Blogg said: "Spectris rarely scares investors and, arguably, the reaction to Friday's update has been excessive. The 9.0% revenue decline in Q1 arose from a combination of challenging comparisons with strong trading a year earlier, delivery phasing that was either pre-arranged or caused by slippage into Q2, and a disappointing tendency among customers to conserve cash."

Nevertheless, he said: "Spectris does not quantify or guide on quarterly revenues, only the H1:H2 bias, and we sense that it was less surprised at a year-on-year decline in Q1 than we were and more confident of a bounce in Q2, with its knowledge of the contributory elements."

Investec has cut its annual earnings forecasts by a precautionary 5.0% on 2.2% lower revenues.

The target price has come down to 2,330p, from 2,575p previously due to reduced earnings estimates and the de-rating of peers.

The stock rebounded strongly on Tuesday, trading 6.86% higher at 2,009p before the close of trade.

BC
Posted at 19/4/2013 14:23 by dasv
Spectris (LON: SXS)'s stock had its "buy" rating reiterated by equities research analysts at Jefferies Group in a research note issued to investors on Friday, StockRatingsNetwork reports. They currently have a GBX 2,675 ($41.04) price target on the stock.
Posted at 19/4/2013 09:10 by pearlfisher
There appears to have been a sector knock-on as a result of this mornings announcement with Renishaw down 6%. Their IMS is due on May 9 so it will be interesting to see if they have seen a similar decline in Q1 business and their outlook for the year. As an investor in both companies I am a little bruised this morning.
Posted at 09/1/2013 07:57 by bluebelle
SPECTRIS PLC
9 January 2013
2012 Trading Update notification - 18 January 2013
9 January 2013 - Spectris plc (SXS: LSE), the productivity-enhancing instrumentation and controls company, will announce its 2012 full year trading update on Friday 18 January 2013 at 07:00 GMT. John O'Higgins, Chief Executive and Clive Watson, Group Finance Director will host an investor and analyst conference call at 08:00 GMT.
Posted at 14/7/2011 16:58 by bluebelle
Maybe time to update the header ? !!!


Spectris plc ("Spectris", "the company" or "the group"), the productivity-enhancing instrumentation and controls company, today issues an update on trading for the six months ended 30 June 2011. The company's half year results will be released on 23 August 2011.



Our May Interim Management Statement reported strong trading conditions for the first four months of 2011, and these continued for the remainder of the half year, with healthy demand in all regions and end markets. As a result, we expect sales for the first six months of 2011, on a constant currency organic ("like-for-like") basis, to be 21% higher than the comparable period last year. On a reported basis, sales are expected to increase by approximately 25%, including a contribution from acquisitions (+5%) and the effects of currency (-1%).



All four segments and major regions will show double-digit like-for-like sales growth. Regionally, Asia Pacific is expected to grow by around 21%, North America by approximately 26% and Europe by around 18%.



Adjusted operating profit is expected to be in the region of £80 million (2010:£49.9 million), giving an adjusted operating margin of approximately 16%. This compares with 12.3% for the same period last year.



Operating cash conversion was in line with our expectations and our financial position remains strong, with net debt of approximately £74 million at the end of June.



Commenting on the results, John O'Higgins, Chief Executive, said: "We are very pleased with the excellent start we have made to the year, delivering sales growth in all four of our business segments. Looking ahead, growth rates in the second half of 2011 are likely to revert to more normal levels following the strong recovery in the second half of 2010. We remain confident that Spectris will make good progress for the full year."



A conference call for analysts and investors will be held at 08.00 (UK time) on Friday 15 July to discuss this statement. For dial-in details please contact Financial Dynamics on +44 (0)20 7269 7291.

ENDS
Posted at 05/4/2011 13:03 by enami
Investor site visit today, must have impressed them as just clipped a new ATH.

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