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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
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
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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
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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
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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
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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
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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