Proactiveinvestors United Kingdom Spirent Communications https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Spirent Communications RSS feed en Sun, 21 Jul 2019 18:14:53 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Annual Report 2018 Remuneration Policy Correction ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190719163208_14156893/ Fri, 19 Jul 2019 16:32:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190719163208_14156893/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190705140008_14138677/ Fri, 05 Jul 2019 14:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190705140008_14138677/ <![CDATA[RNS press release - Block listing Interim Review ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190704134656_14137203/ Thu, 04 Jul 2019 13:46:56 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190704134656_14137203/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190701160813_14131998/ Mon, 01 Jul 2019 16:08:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190701160813_14131998/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190701094918_14130970/ Mon, 01 Jul 2019 09:49:18 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190701094918_14130970/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190625115744_14123735/ Tue, 25 Jun 2019 11:57:44 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190625115744_14123735/ <![CDATA[RNS press release - Director/PDMR Shareholding REPLACEMENT ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190620130702_14118622/ Thu, 20 Jun 2019 13:07:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190620130702_14118622/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190619143601_14117128/ Wed, 19 Jun 2019 14:36:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190619143601_14117128/ <![CDATA[RNS press release - Notice of 2019 Half Year Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190617090003_14113075/ Mon, 17 Jun 2019 09:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190617090003_14113075/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190606150619_14101919/ Thu, 06 Jun 2019 15:06:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190606150619_14101919/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190603110440_14096132/ Mon, 03 Jun 2019 11:04:40 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190603110440_14096132/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190531161845_14094749/ Fri, 31 May 2019 16:18:45 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190531161845_14094749/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190528104711_14089089/ Tue, 28 May 2019 10:47:11 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190528104711_14089089/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190522130459_14083818/ Wed, 22 May 2019 13:04:59 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190522130459_14083818/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190516161733_14077371/ Thu, 16 May 2019 16:17:33 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190516161733_14077371/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190507165100_14065382/ Tue, 07 May 2019 16:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190507165100_14065382/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190507091621_14064446/ Tue, 07 May 2019 09:16:21 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190507091621_14064446/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501163247_14059963/ Wed, 01 May 2019 16:32:47 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501163247_14059963/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501084432_14058973/ Wed, 01 May 2019 08:44:32 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501084432_14058973/ <![CDATA[RNS press release - First Quarter 2019 Trading Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501070008_14058416/ Wed, 01 May 2019 07:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190501070008_14058416/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190429121531_14055609/ Mon, 29 Apr 2019 12:15:31 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190429121531_14055609/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190425160227_14052442/ Thu, 25 Apr 2019 16:02:27 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190425160227_14052442/ <![CDATA[RNS press release - Withdrawal of Resolution 8 ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190416120959_14043209/ Tue, 16 Apr 2019 12:09:59 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190416120959_14043209/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190404094552_14028898/ Thu, 04 Apr 2019 09:45:52 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190404094552_14028898/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190402122048_14025749/ Tue, 02 Apr 2019 12:20:48 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190402122048_14025749/ <![CDATA[News - Spirent Communications names another Eric as its chief executive officer ]]> https://www.proactiveinvestors.co.uk/companies/news/217672/spirent-communications-names-another-eric-as-its-chief-executive-officer-217672.html Spirent Communications PLC (LON:SPT) has named another Eric as its chief executive officer, with Eric Updyke set to take over from Eric Hutchinson in the top job.

The FTSE 250-listed communications technology company said Upkye will join the company on 1 April 2019 as a director and CEO-designate and will take up the CEO position following the group’s AGM on 1 May 2019.

READ: Spirent looks to 5G to maintain momentum as profits jump by third

It was announced in November 2018 that Hutchison wished to retire from the group after 37 years of employment, having been appointed CEO in 2013.

The company pointed out that Updyke has extensive experience in international business management with a strong technical understanding of the markets in which the group operates.

The firm noted that he has worked in various sections of the industry over the last 30 years and has led transformative growth programmes on a global scale.

Most recently, it added, Updyke was a member of the executive management team of Amdocs as group president, services at Amdocs Ltd where he had global responsibility for the entire Managed Services, Testing and SI businesses.

Commenting on the appointment, Spirent’s chairman Bill Thomas said: "The Board wanted to appoint an executive who was growth-oriented with global experience and deep expertise in our chosen markets. We are delighted to appoint Eric and are confident that he meets all those criteria.”

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Mon, 01 Apr 2019 15:55:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/217672/spirent-communications-names-another-eric-as-its-chief-executive-officer-217672.html
<![CDATA[RNS press release - Appointment of Chief Executive Officer ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190401140223_14023879/ Mon, 01 Apr 2019 14:02:23 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190401140223_14023879/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190401084134_14023080/ Mon, 01 Apr 2019 08:41:34 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190401084134_14023080/ <![CDATA[RNS press release - Annual Financial Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190327154400_14018302/ Wed, 27 Mar 2019 15:44:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190327154400_14018302/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190326095906_14015985/ Tue, 26 Mar 2019 09:59:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190326095906_14015985/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190326095710_14015983/ Tue, 26 Mar 2019 09:57:10 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190326095710_14015983/ <![CDATA[RNS press release - Additional Listing ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190321144048_14011286/ Thu, 21 Mar 2019 14:40:48 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190321144048_14011286/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190311170347_13997893/ Mon, 11 Mar 2019 17:03:47 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190311170347_13997893/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190311170204_13997889/ Mon, 11 Mar 2019 17:02:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190311170204_13997889/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190307154423_13994568/ Thu, 07 Mar 2019 15:44:23 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190307154423_13994568/ <![CDATA[News - Spirent looks to 5G to maintain momentum as profits jump by third ]]> https://www.proactiveinvestors.co.uk/companies/news/215994/spirent-looks-to-5g-to-maintain-momentum-as-profits-jump-by-third-215994.html A big US GPS order and demand for high-speed broadband connectors helped Spirent PLC’s (LON:SPT) profits rise by a third in 2018.

The roll-out of 5G will give demand a further boost in 2019 said Spirent, which specialises in internet networking equipment.

READ: Spirent Communications shares jump as it expects full-year profit to beat market forecasts

Orders and revenue from the ongoing businesses increased 6% year-on-year said Eric Hutchinson, who is set to retire as chief executive after 36 years at the firm once a successor is identified.

Profits rose by 31% to £61.2mln in 2018 on turnover of £470mln.

The dividend rises by 10% to 4.4p but last year’s specials was not repeated.

Shares rose 3% to 155p, close to their all-time high.

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Thu, 07 Mar 2019 09:18:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/215994/spirent-looks-to-5g-to-maintain-momentum-as-profits-jump-by-third-215994.html
<![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190307070008_13993124/ Thu, 07 Mar 2019 07:00:08 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190307070008_13993124/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190301093214_13987048/ Fri, 01 Mar 2019 09:32:14 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190301093214_13987048/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190226095357_13981960/ Tue, 26 Feb 2019 09:53:57 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190226095357_13981960/ <![CDATA[RNS press release - Director Declaration ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190214104323_13969654/ Thu, 14 Feb 2019 10:43:23 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190214104323_13969654/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190201093146_13955201/ Fri, 01 Feb 2019 09:31:46 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190201093146_13955201/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190124160012_13946112/ Thu, 24 Jan 2019 16:00:12 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190124160012_13946112/ <![CDATA[News - Spirent Communications shares jump as it expects full year profit to beat market forecasts ]]> https://www.proactiveinvestors.co.uk/companies/news/212582/spirent-communications-shares-jump-as-it-expects-full-year-profit-to-beat-market-forecasts-212582.html Spirent Communications PLC (LON:SPT) expects full year profit to exceed market forecasts after cutting costs and growing revenue.

The IT network products specialist said its order intake for the year totalled US$470mln, up 6% on the previous year, and revenue gained 6% to US$477mln.

Growth was led by its networks and security division, boosted by demand for 400G high-speed ethernet testing services.

Revenue was also supported by a US$10mln contribution from one-off business with a US defence contractor, which the company does not expect to be repeated in 2019.

The Lifecycle Service Assurance business only saw modest revenue growth due to a major reorganisation in the key customer base.

Spirent said the Connected Devices arm delivered “strong profit growth” in the year, driven by effective cost management.

READ: Spirent chief executive to retire after 36 years at networking specialist

Following efforts to mitigate higher inflation with cost cuts, the company now expects adjusted operating profit of US$75mln to US$77mln, up 30% on the prior year and above analysts’ estimates.

The group had cash of just over US$120mln at the end of the period after dividend payments.

Shares rose 7.3% to 134.35p in morning trading. 

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Tue, 15 Jan 2019 09:04:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/212582/spirent-communications-shares-jump-as-it-expects-full-year-profit-to-beat-market-forecasts-212582.html
<![CDATA[RNS press release - Trading Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190115070002_13934301/ Tue, 15 Jan 2019 07:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190115070002_13934301/ <![CDATA[RNS press release - Block listing Interim Review ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190104150321_13924660/ Fri, 04 Jan 2019 15:03:21 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190104150321_13924660/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190102094413_13920690/ Wed, 02 Jan 2019 09:44:13 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20190102094413_13920690/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181227165101_13917058/ Thu, 27 Dec 2018 16:51:01 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181227165101_13917058/ <![CDATA[RNS press release - Director Declaration ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181218173015_13908613/ Tue, 18 Dec 2018 17:30:15 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181218173015_13908613/ <![CDATA[RNS press release - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181203095219_13888724/ Mon, 03 Dec 2018 09:52:19 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181203095219_13888724/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181127111148_13881968/ Tue, 27 Nov 2018 11:11:48 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3569/LSE20181127111148_13881968/