Spectris increases its 2017 interim dividend by 6%

DividendMax Ltd.

Spectris increases its 2017 interim dividend by 6%

Highlights

Sales of £710.0 million, reflecting 5% organic sales growth and a 5% contribution from acquisitions

Adjusted operating profit of £75.3 million excluding Project Uplift costs, a 3% LFL decrease year-on-year

Project Uplift costs of £8.8 million; Phase 1 activities on track for expected benefits; shared service centre feasibility study completed and moving to the next phase

Robust adjusted operating cash conversion of 119%

Dividend per share increased by 6%

Companies mentioned