Company Profile

Spectris (SXS) is a global leader in test and measurement. Its businesses focus on precision measurement and testing instruments and leading sensor technology. Spectris also provides specialist complementary software and servicing of its global installed base of over 55,000 instruments. It focuses on premium segments of its end markets and targets 6-7% organic revenue growth through the cycle. After a significant restructuring of its portfolio since 2017, including over £1bn of disposal consideration, and several bolt-on acquisitions, Spectris is now investing more in R&D and product innovation to drive market share growth. It is also investing in production efficiency and a new Enterprise Resource Planning (ERP) system that it believes will improve operating margins towards 20%.