Spectris (LON:SXS) - Measured performance
Oct 22nd 2012 - Edison Investment Research today published a report on Spectris (SXS.L, LSE:SXS, LON:SXS) entitled "Measured Performance". In summary, the report says:
Spectris’s Q3 trading update highlighted both the growing uncertainties in global industrial markets and the key benefits of its business model. With customers seeking ways to enhance productivity and improve competiveness in a challenging market, Spectris’s instrumentation and control products remain critical to success. With the group benefiting from recent acquisitions, increasing the proportion of sales to more resilient customer segments, management feels secure in meeting expectations despite slowing underlying growth rates. Spectris’s focus on product development and increasing exposure to emerging markets is providing a counterbalance to slowing European markets.
Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »
