Q3 trading update 2024

Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, provides a trading update for the three-month period ended 30 September 2024 ('the period').

Acquisition of Piezocryst

Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announces the acquisition of Piezocryst Advanced Sensorics GmbH (“Piezocryst” or the “Company”) from AVL List GmbH (AVL) for €133.5 million (£112.2 million). The acquisition of Piezocryst builds on our long-standing relationship with AVL.

2024 Half Year Results

Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, announces half year results for the six months ended 30 June 2024.

Acquisition of Micromeritics Instrument Corporation

Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announces that it has agreed to acquire Micromeritics Instrument Corporation (Micromeritics) for an upfront consideration of $630 million (£485 million) plus a deferred element up to $53 million (£41 million) based on agreed financial performance metrics in 2024 and 2025. This consideration equates to a multiple of under 14x based on expected 2024 EBITDA of $35 million (£26.9 million) and run rate cost synergies of $12 million (£9.2 million).

Spectris Acquires SciAps Incorporated

Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, today announces that it has agreed to acquire SciAps Incorporated (the Company or SciAps) for consideration of up to $260 million (£205 million) comprising up-front consideration of $200 million (£157 million) plus a deferred element of up to $60 million (£47 million) payable on the delivery of agreed financial metrics.

Trading Update

Spectris plc (SXS: LSE) (“Spectris” or the “Company”), the expert in providing insight through precision measurement, today provides an update on trading for the second quarter and outlook for the full year.