Company
Spectris PLC
LON:SXS
Spectris PLC is engaged in the development and marketing of precision instrumentation and controls. It operates in four segments: Materials Analysis; Test and Measurement; In-line Instrumentation and Industrial Controls
78 stories
Hardware & electrical equipment
Spectris reports continuing 10% growth but difficulty growing margins
A capital markets day (CMD) later today will provide more detail about its strategy for sustainable growth, including new medium-term targets
Spectris ends Oxford Instruments offer talks due to economic uncertainty created by war in Ukraine
The company said it still believes there is strong rationale for combining the two businesses but that the time is not right
Hardware & electrical equipment
Oxford Instruments' shares soar on takeover bid
Offer of 3,100p per share marks a sizeable premium on yesterday's closing value of 2,015p
Hardware & electrical equipment
Spectris divests measurements business NDC for £130mln
Acquirer Nordson will integrate the business within its Advanced Technologies Solutions segment
Hardware & electrical equipment
Spectris says Q2 performance was better-than-expected
“Whilst the backdrop has altered, it has provided new opportunities to emerge from this crisis stronger and more resilient,” said Andrew Heath.
Hardware & electrical equipment
Spectris sales fall but manufacturing back to full capacity
Like-for-like sales were down 6% in North America, 13% in Europe and 20% in Asia
Hardware & electrical equipment
Spectris upped to ‘hold’ by Berenberg, highlights self-help levers and dividend attractions
“The risk to earnings is clearly high but Spectris has self-help levers and our analysis suggests that it is probably better placed than many peers"
Hardware & electrical equipment
Spectris slips after ShoreCap downgrade on global manufacturing weakness
Global manufacturing PMI data in March has shown significant weakness as a result of the coronavirus pandemic
Spectris splashes out with special dividend despite challenging markets
As well as declaring a final dividend of 43.2p per share, the board also pledged to shell out another 150p via a special dividend
Investments and investor services
FTSE 100 closes lower but BP top gainer after Q2 results beat expectations
The FTSE 100 index closed 39.84 points lower on the day at 7,646, while the midcap FTSE 250 index plunged almost 112 points to close at 19,774
Archive
Greggs on a roll after vegan success but can it keep up the momentum?
Greggs, Reckitt Benckiser and Provident Financial are among the companies reporting results on Tuesday
Hardware & electrical equipment
Spectris delivers in line trading for first part of 2019; Asia offsets North America declines
The FTSE 250 group said in a trading update that like-for-like sales had increased 3% in the first four months despite an anticipated moderation in some of its end markets
Investments and investor services
FTSE 100 closes higher but lower over the week as PM May calls it a day
The UK benchmark added over 46 points at 7,277, but over the week the index dropped 0.96%
Archive
Sparse news day on the cards as investors focus on long UK bank holiday weekend
The main focus for the Day Ahead will be trading updates from FTSE 100-listed events and business publisher Informa and FTSE 250-listed engineer Spectris
Berenberg prefers “outstanding” Spirax-Sarco over rival engineers Spectris and Rotork
The German bank believes Spirax justifies its premium valuation, while it is yet to be convinced by Spectris’ and Rotork’s growth plans
Hardware & electrical equipment
Spectris says 2018 financial results are slightly ahead of expectations
“We were able to build on the increased momentum across our end markets and delivered good like-for-like sales growth,” said Andrew Heath, chief executive
Investments and investor services
FTSE 100 closes in red as lack of positive news puts traders off
The UK's blue chip benchmark closed down around 40 points at 7,179, while FTSE 250 shed around 58 at 19,068
Archive
HSBC to continue bank’s reporting season, with investors looking for reassurance over US/China trade spat
Aside from HSBC's 2018 results, the day ahead will also bring updates from blue-chip Holiday Inn owner InterContinental Hotels and miner BHP, plus the latest UK jobs and wages data
Imperial Brands says has initiated search for a new non-executive chairman following recent investor unrest
Williamson, who also chairs FTSE 250 engineer Spectris PLC and is senior independent director at National Grid PLC, has been on the board of Imperial Brands since 2007
Hardware & electrical equipment
Spectris hires rival’s former finance chief as new CFO
Derek Harding was the chief financial officer at rival engineering group Senior between 2013 and 2017, so he should know a thing or two about the industry
Hardware & electrical equipment
Spectris maintains full year guidance as it ramps up cost savings programme
The new chief executive of Spectris has kicked off a strategy review of the business to "reduce complexity" and establish a "more focused" organisation targeting higher growth markets
Archive
FTSE 100 closes firmly lower, joining global indices, as traders shun risk
If you are long blue-chip equities, the trend has not been your friend today
Archive
Schadenfreude to boost full-year results from budget airline easyJet after recent misfortunes of rivals
The Day Ahead also includes updates from blue-chip contract caterer Compass Group, and second line players such as challenger bank CYBG and online electrical appliances retailer AO World
Hardware & electrical equipment
Exane BNP Paribas analysts reckon Spectris could be the next GKN
Analysts at the French investment bank think Spectris would be an “attractive takeout candidate”, given their belief that a buyer could come in and turn it around reasonably quickly
Hardware & electrical equipment
Spectris’ soon-to-be new boss joins board as CEO designate
Andrew Heath is joining the board ahead of his official arrival later this month
Hardware & electrical equipment
Spectris downgraded to ‘hold’ by Shore Capital as it turns cautious on outlook
The broker said that it believed that the value of the FTSE 250 precision instruments maker’s stock was now fair, based on “a more gradual margin increase than we previously assumed”
Hardware & electrical equipment
Spectris weak as full-year guidance left unchanged despite solid growth in first-half results
Spectris’ chief executive John O'Higgins said the group continues "to expect that pace to ease a little in the second half, given the tougher comparator with 2017"
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
Archive
Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
Aside from the soft drinks firms and brewer, the day ahead on Tuesday includes updates from blue-chip real estate firm Hammerson and student acommodation group Unite
Hardware & electrical equipment
Spectris shares jump as chief executive steps down and sales rise
Spectris posted a 2% increase in like-for-like sales in the four months to April 30, including the impact of foreign exchange headwinds
Archive
FTSE 100 closes higher but gives up gains; sterling hit on Brexit worries
Both the US and UK are heading towards a three-day weekend and, to be honest, it kind of feels like the break has already begun...
Archive
Utilities in the spotlight as SSE and Pennon Group to release final results
Friday is going to see utility companies front and centre with final results from SSE and Pennon Group, accompanied by the reread of the UK's first quarter GDP data
Hardware & electrical equipment
Spectris acquires US automotive testing firm Revolutionary Engineering for US$19mln
The FTSE 250-listed firm said the purchase complements the existing test capabilities of its Millbrook business and will be rebranded as Millbrook Revolutionary Engineering
Hardware & electrical equipment
Numis upgrades Spectris to 'hold', expects future benefits from Project Uplift
Analyst at Numis said that the capex cycle is positive and this drives Spectris' top line and operational gearing whilst Project Uplift benefits are still to flow through
Hardware & electrical equipment
Spectris shares jump following strong 2017 performance announcement of share buyback
The buyback announcement was accompanied by strong growth in both profit and sales, with all four divisions of Spectris growing across 2017
Investments and investor services
FTSE 100 ends in red after lacklustre session
The FTSE 100 extended the morning's losses toe end the day 47 points lower at 7,247
Hardware & electrical equipment
Spectris shares rise after JP Morgan upgrades stock to 'overweight'
JP Morgan expects the company’s operating profit growth to accelerate over the next couple of years
Hardware & electrical equipment
Spectris buys Concept Life Sciences for £163mln
Spectris said the acquisition will enhance the test services that its materials analysis business provides to the pharmaceutical, biopharmaceutical and agrochemical markets.
FTSE 100 clocks up 50 point gain despite strength of sterling
The dollar's revival did not last long, and although a weak dollar is regarded as being detrimental to the FTSE, the top-shares index still managed a 50 point gain
After AVEVA’s £3bn merger with Schneider, which other UK companies could be subject to a bid from abroad?
The weak pound has made UK businesses more attractive to overseas buyers with Worldpay, Sky and Unilever all being targeted this year
Hardware & electrical equipment
Needle moves lower at Spectris after mixed interims
The company’s expectations for the full year remain unchanged
Archive
PZ Cussons among few features on a summery Tuesday
The agenda for Tuesday is distinctly summery, albeit PZ Cussons is among a few features in the books.
Worldpay takeover may be first of many as US firms go Brexit bargain hunting
ITV, Burberry and GlaxoSmithKline could face potential bids from international rivals as a weaker pound stokes interest in a number of UK-based firms
FTSE 100 closes at new high as pound wobbles
The FTSE 100 and FTSE 250 indices hit record highs today
Archive
Testing conditions in some markets unlikely to phase blue chip quality assurance firm Intertek Group
Day ahead: Trading updates from Intertek Group, Restaurant Group, US Q1 GDP revision
Liberum Capital expects UK industrial stocks to “grind higher” helped by global demand, higher pricing
The broker's analysts have revised their estimates across the sector, taking them to 6% above consensus, and have raised price targets for all the stocks they cover
Acal brings in new director as it looks to accelerate M&A activity
The customised electronics supplier has brought in Jeremy Morcom to the newly created role of group M&A director
Archive
Day ahead: Roll-Royce's travails continue; holiday needed, check out TUI Group
The news flow surrounding Rolls-Royce in recent months has been dominated by corruption investigations in the US, the UK and Brazil.
Archive
Week ahead: Shire continues pharma newsflow; Rolls-Royce results also key
Shire will complete the fourth-quarter results announcements from the FTSE 100-listed pharma giants following numbers from Astra and Glaxo
Kingfisher trading will be in focus on Tuesday
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
Chancellor's Autumn Statement is time for fiscal re-set
The new chancellor of the exchequer gets to set out his stall
Hardware & electrical equipment
Spectris makes Millbrook acquisition
Spectris bought the vehicle test, validation and engineering services firm for a fee of £122mln
PREVIEW: Investors look for signs of synergies from Shell's acquisition of BG
To misquote Prince, it’s just another frantic Thursday with around one-sixth of the FTSE 100 companies set to update the market.
FTSE 100 storms higher to end the week with a small gain
Finishing the week on a high, the Footsie managed to achieve a gain on the week
FTSE 100 leaps like a salmon while Aqua Bounty boosts AIM
Financial stocks were going well as markets begin to adjust to the prospect of interest rates rising sooner than previously expected
Preview: Self-help to boost Spectris PLC
Last year was a tough one for Spectris but the instrumentation and controls specialist should soon start to feel the benefit of cost-cutting and acquisitions
Week ahead - Is Merlin on the right track?
Other updates come from paving specialist Marshalls, SSE Group, Thomas Cook Group PLC and Mothercare
Risers & Fallers: Digital Globe, Environmental Recycling, Imaginatik, UJ Oil ..
Below are the main news-driven share price changes at 1.00pm.
Friday's agenda: Spectris faces uphill battle to meet expectations
Spectris - licensed to disappoint? Broker Numis thinks it is a possibility.
Investments and investor services
Risers & Fallers: Strat Aero, Rank Group, Bango, Renishaw, Fusionex, PeerTV...
Below are the main news-driven share price movements at 4pm.
Numis wagers next year will be better for William Hill
William Hill, Bovis Homes, Allied Gold, and Antofagasta are among the stocks in Tuesday’s broker spotlight
Investments and investor services
London market rides crest of corporate results wave
Shares rise modestly as blue-chips flood market with updates
Archive
Thursday's agenda - More big cap results, including Rolls and BT
More results today on offer with some more big caps showing how much they are contributing to the UK's current growth trajectory. Lets start with a British stalwart - engineer Rolls Royce which posts second quarter earnings. It's been a tor
Investments and investor services
Risers & Fallers: Arria NLG, Kuala, Metminco, RapidCloud, Ferrex, Ferrum Crescent
Arria NLG was the best performer today as it held out hope of a funding package.
Investments and investor services
FTSE 100 makes flat start to the day
The UK’s main index opened fairly flat this morning as concerns over Greece continue to weigh on stocks.