IN BRIEF: Spectris expects 2024 profit decline in line with consensus

Spectris PLC - London-based supplier of precision instrumentation and controls - Expects adjusted ...

Alliance News 23 January, 2025 | 9:15AM
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Spectris PLC - London-based supplier of precision instrumentation and controls - Expects adjusted operating profit for 2024 to be above consensus and at the upper end of analyst guidance ranges after a "strong" fourth quarter, citing a company-compiled forecast of GBP197.0 million, with a range of GBP183.3 million to GBP201.0 million. This would represent a decline of between 27% and 36% from GBP262.5 million in 2023.

Current stock price: 2,972.00 pence, up 10% in London on Thursday morning

12-month change: down 16%

By Emily Parsons, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Spectris PLC 2,938.00 GBX 8.81 -

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