Spectris announce an interim 2023 dividend of 25.3p per share has been declared and will be payable on 10 November 2023 to ordinary shareholders on the register at the close of business on 5 October 2023.
Other financial highlights include:
o Sales up 23% (LFL: 19%) from volume growth, market share gains and pricing
o Adjusted operating margin increased 180bps to 14.5% (2022: 12.7%)
o Record adjusted operating profit for the half year up 41% to £102.1 million (2022: £72.3 million)
o Adjusted earnings per share increased by 55% to 77.2p (2022: 49.8p)
o Strong order book with book to bill of c.1x with order intake normalising as anticipated
o Strong cash performance with adjusted cash conversion of 117% (2022: 39%)
