LONDON (dpa-AFX) - Instrumentation and controls company Spectris Plc (SEPJF.PK, SXS.L) reported Thursday that its first-quarter sales grew 3 percent from last year to 298.9 million pounds.
The company noted that disposals, net of acquisitions, reduced sales by 7 percent.
Group like-for-like or LFL sales increased 12 percent year-on-year in the period with LFL orders up 29 percent.
All regions and business segments recorded higher LFL sales in the quarter.
The company reported strong start to fiscal 2022, noting that trading and order book provides momentum for the full-year.
Andrew Heath, Chief Executive, said, 'Our strong order book provides confidence in continued sales momentum, supporting our outlook and positive prospects for 2022. Our focus on R&D and sustainability underpins continued future growth.'
In London, Spectris shares were trading at 2,794 pence, up 4.72 percent.
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