Spectris boosted by currency exchange - Embedded.com

Spectris boosted by currency exchange

LONDON — Instrumentation and controls supplier, Spectris plc, said organic sales at constant currency from July 1 to October 30 have continued to grow, albeit at a rate slightly below that seen in the first half of the year.

Total group sales were boosted by positive currency effects of around 12 percent in the period and by a contribution from acquisitions, including Controle Analytique, Viscotek, nCode and the Siemens Machine Vision Business.

Organic order intake for the period has slowed and was broadly flat on a constant currency basis while total group orders increased compared with the prior year period as a result of the contribution from acquisitions and the positive currency effect.

On October 1, Spectris (Egham, England) announced that it had signed an agreement to acquire the LDS Test & Measurement (Royston, England) business from SPX Corporation (Charlotte, NC). Originally know as Ling Dynamic Systems, LDS bought Dactron in 2001 Gould/Nicolet in 2003.

LDS produces integrated vibration test and measurement equipment and software for applications in the aerospace, defence, automotive, machinery, electrical and electronics markets. The company will become part of the Spectris Test and Measurement segment in combination with Bruel & Kjaer Sound and Vibration and HBM.

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