| Highlights |
| Chairman's Statement |
| Chief Executive's Statement |
| Financial Highlights |
| Group Overview |
| Strategy and Objectives |
| Key Performance Indicators |
| Operating Review |
| Financial Review |
| Principal Risks |
| Corporate Responsibility and Employees |
| Board of Directors |
| Directors' Report |
| Directors' Remuneration Report |
Spectris designs, develops and markets productivity-enhancing instrumentation and controls. Our products, applications and services help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market.
All major regions grew sales at constant currencies
Good progress on delivery of strategy
Acquisitions increase presence in key markets
Strong balance sheet; interest covered 14 times
Dividend increased by 11%
| 2008 | 2007 | Change |
Change
at CER** |
|
|---|---|---|---|---|
| Key operational indicators | ||||
| Sales from continuing businesses (£m)# | 787.1 | 659.8 | +19% | +7% |
| Adjusted operating profit from | ||||
| continuing businesses (£m)#* | 118.3 | 104.3 | +13% | +2% |
| Adjusted profit before tax (£m)* | 110.1 | 98.0 | +12% | |
| Adjusted earnings per share (pence)* | 72.8 | 58.1 | +25% | |
| Dividend (pence) | 23.4 | 21.0 | +11% | |
| Statutory | ||||
| Total group sales (£m) | 787.1 | 668.4 | +18% | |
| Total group operating profit (£m) | 113.7 | 102.9 | +10% | |
| Profit before tax (£m)† | 106.1 | 118.1 | -10% | |
| Basic earnings per share (pence) | 70.3 | 70.9 | -1% |
# Continuing businesses exclude businesses divested.
* Adjusted figures exclude certain non-operational items as defined in Note 3.
** Constant exchange rates.
† Profit before tax in 2007 included a gain of £19m from the businesses divested.
