Spectris PLC (OTCPK:SEPJY)

$ 16.01 -1.1813 (-6.87%) Market Cap: 3.16 Bil Enterprise Value: 2.86 Bil PE Ratio: 9.51 PB Ratio: 1.82 GF Score: 80/100

Q1 2023 Spectris PLC Trading Statement Call Transcript

Apr 27, 2023 / 08:00AM GMT

Release Date Price: $19.98

Transcript

Operator

Good morning, and a very warm welcome to the Spectris Trading Update First Quarter Conference Call. My name is Candice and I will be your coordinator for today's call. (Operator Instructions)

I would now like to hand the conference call over to our host, Andrew Heath, Chief Executive. Please go ahead.

Andrew Heath

Spectris plc - CEO & Executive Director

Thank you, Candice, and good morning, everyone. Thank you for joining. I'm joined this morning by Derek Harding, our CFO; and [Matt Wooden], our Director of IR. Today, we published our results for the first quarter of 2023. And as you know, in October, we unveiled our strategy for sustainable growth along with a set of ambitious medium-term targets for the business. Our first quarter results, which we published today demonstrate clear progress on this journey. We have transformed Spectris over the last 4 years. And today, we're a very different company, a higher quality, higher growth business following the shift in both the portfolio and focus of the group.

We've made a very strong start

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