Highlights
• Strong operating performance despite challenging environment
• Good growth in Asia and North America
• Recent acquisitions increase resilience through greater exposure to Operational Expenditure
• Increased R&D investment in new products, technologies and applications
• Return on Sales increased to 18.6%
• Continued strong cash conversion of 93%
• Dividend up by 16%
Commenting on the results, John O’Higgins, Chief Executive, said:
“This strong result was achieved through the progress we made on all aspects of our strategy. We will continue to invest in new products and applications which enhance our customers’ productivity, seek further geographic growth opportunities across the group, and improve the resilience of the business through organic and acquisition activities. The Board is confident that Spectris continues to be strategically well-positioned for 2013 and beyond.”
