Spectris PLC NEW REPORTING STRUCTURE - HISTORIC FINANCIALS (0577Q)
October 16 2019 - 5:30AM
UK Regulatory
TIDMSXS
RNS Number : 0577Q
Spectris PLC
16 October 2019
SPECTRIS PLC
NEW REPORTING STRUCTURE - Historic financials
16 October 2019 - Spectris plc ('Spectris') (LSE: SXS), the
productivity-enhancing instrumentation and controls company, today
issues summary historic financial information for its new reporting
structure.
At its half year results, the Group announced that it had
changed its reporting structure from 1 July 2019 and reclassified
its segmental reporting. It will now disclose financial information
on the three platforms, providing greater transparency on these
businesses which comprise approximately 60%(1) of Group revenue and
operating profit. The financials for the Industrial Solutions
operating companies have been consolidated and are presented as a
combined division.
Under this new structure, the Group will report summary
financials for:
-- Malvern Panalytical
-- HBK
-- Omega Engineering
-- Industrial Solutions division
Spectris is today publishing summary financial information on
its website (www.spectris.com) for the full year periods ending 31
December 2017 and 2018, and for the first half periods ending 30
June 2017, 2018 and 2019, ahead of the Group's Trading Update,
scheduled for 19 November 2019, which will be presented under this
new structure. This restatement does not constitute new information
and is provided solely for the purposes of providing insight into
prior reporting periods.
1. Represents 60% of Group revenue and operating profit
including BTG
For and on behalf of Spectris plc
LEI Number: 213800Z4CO2CZO3M3T10
Contacts:
Spectris plc
Siobhán Andrews, Head of Corporate Affairs +44 1784 485325
FTI Consulting
Richard Mountain / Susanne Yule +44 203 727 1374
NOTES TO EDITORS
ABOUT SPECTRIS
Spectris plc is a leading supplier of productivity-enhancing
instrumentation and controls. The Company's products, technologies
and services help customers to improve product quality and
performance, improve core manufacturing processes, reduce downtime
and wastage and reduce time to market. Its global customer base
spans a diverse range of end-user markets. Headquartered in Egham,
Surrey, United Kingdom, the Company employs approximately 10,000
people located in more than 30 countries.
For more information, visit www.spectris.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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