Spectris warns of moderating sales growth in 2019; Adjusted profits rise

19th Feb 2019 09:11

(Sharecast News) - Instrumentation maker Spectris said full year pre-tax profits fell 22% to £218m as it warned of moderating sales growth in 2019.

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Derek Harding to succeed Clive Watson as Spectris CFO

15th Jan 2019 09:21

(Sharecast News) - Spectris said on Tuesday that Clive Watston had decided to retire from his role as group finance director after 12 years and will be replaced by Derek Harding, the former FD of Senior.

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Spectris sales rise as Asia sees good growth

20th Nov 2018 08:18

(Sharecast News) - Productivity-enhancing instrumentation and controls company Spectris posted a rise in four-month sales on Tuesday thanks in part to a strong performance in Asia, as it said full-year results should be in line with the group's expectations.

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FTSE 250 movers: Diploma top of the class as oilers fall

19th Nov 2018 14:29

(Sharecast News) - London's FTSE 250 was down 0.57% at 18,694.38 in afternoon trade on Monday, as oil companies dropped amid continuing uncertainty.

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Tuesday broker round-up

14th Aug 2018 13:24

(Sharecast News) - Elementis: Berenberg upgrades to buy with a target price of 315p.

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Spectris hopes for uplift after tapping Andrew Heath for CEO role

26th Jul 2018 08:45

(Sharecast News) - Spectris has appointed former Imagination Technologies and Alex boss Andrew Heath as chief executive designate, the instruments maker revealed on Thursday.

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Spectris profit rises but sketchy Uplift update disappoints

24th Jul 2018 08:54

(Sharecast News) - Spectris shares fell after the precision instruments maker flagged up slowing sales growth and left investors guessing about the next phase of a delayed efficiency drive.

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Spectris profit rises but sketchy Uplift update disappoints

24th Jul 2018 08:54

(Sharecast News) - Spectris shares fell after the precision instruments maker flagged up slowing sales growth and left investors guessing about the next phase of a delayed efficiency drive.

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Spectris struggles with currency and acquisition costs

14th Feb 2017 07:20

(ShareCast News) - Productivity-enhancing instrumentation and controls company Spectris announced its full year results for the 12 months to 31 December on Tuesday, with 13% growth in reported sales to £1.35bn. The FTSE 250 firm said at constant exchange rates, that growth was just 1%, while it saw

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London close: FTSE gains as pound weakens, housebuilders rally

7th Feb 2017 16:58

(ShareCast News) - London stocks closed higher on Tuesday as the pound weakened and as housebuilding stocks rebounded after the government released a strategy to solve the housing crisis. The FTSE 100 finished the session up 0.20% to 7,186.22 points. The pound weakened 0.30% against the dollar to $

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Sector movers: UK engineers, travel stocks lead gains

18th Jan 2017 16:19

(ShareCast News) - The incoming newsflow drove the price action, by sectors, on the leaderboard, with cyclical issues figuring large among the best and worst performers of the session. Shares in steel-maker Evraz advanced, alongside gains in Chinese rebar futures in overnight trading from $500.1 per

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Morgan Stanley hikes Spectris target price ahead of strategic review

18th Jan 2017 14:15

(ShareCast News) - Analysts at Morgan Stanley revised their target price on shares of Spectris higher ahead of the UK engineer´s strategic review, on 14 February. If the UK instruments and specialist controls manufacturer suceeded in lowering its administrative expenses back to their long-term avera

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Spectris rallies as Deutsche Bank upgrades to 'buy'

18th Jan 2017 10:50

(ShareCast News) - Shares in Spectris gained on Wednesday after Deutsche Bank raised its recommendation on the stock to 'buy' from 'hold' and lifted the target price to 2,795p from 2,184p. Deutsche Bank said the FTSE 250-listed supplier of precision instrumentation and controls has the potential to

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Spectris hires GKN's Andrew Harvey as HR director

16th Jan 2017 09:48

(ShareCast News) - Spectris has appointed Andrew Harvey to the newly-created role of group human resources director. Harvey - who joins from engineering group GKN - will provide central leadership for the company's HR activities and, in particular, support the strategic growth initiatives and the ta

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Wednesday broker round-up

11th Jan 2017 13:32

(ShareCast News) - Burberry: Barclays upgrades to Overweight and lifts target price from 1450p to 1760p. AstraZeneca: UBS maintains Buy, keeps target price of 5,000p. Spectris: Bank of America Merill Lynch upgrades to Buy with a target price of 2600p. Unilever Plc: UBS maintains Buy with a target

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