Spectris plc (SEPJF.PK), a supplier of precision instrumentation and controls, Wednesday reported sales of 299 million pounds for the first quarter, lower than 309.4 million pounds in the same quarter a year ago.
On a like-for-like basis, sales decreased 8%, driven by weakness in automotive, semiconductor and materials, with decline in sales across all regions.
Looking ahead, Andrew Heath, Chief Executive said, "While the indirect tariff impact on end market demand is unclear at this early stage, we expect to be able to mitigate the direct impact of tariffs, supported by our strong, differentiated market positions, the importance of Spectris' products to our customers, and the Group's global operational footprint."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.