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.
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