Spirent Communications plc announce an interim dividend proposed for 2023 of 2.76 cents per Ordinary Share is equivalent to 2.14 pence per Ordinary Share (first half 2022: 2.16 pence).
Other financial highlights include:
First half revenue of $224 million (first half 2022: $280 million) was impacted by the industry-wide slowdown in customer spending.
Operating profit was materially impacted by negative operating leverage which they expect to meaningfully reverse in the second half of 2023.