IN BRIEF: Spectris reports quarterly sales rise ahead of KKR takeover
Spectris PLC - London-based provider of high-tech instruments, test equipment and software - Says sales in the third quarter of 2025 rose 11% to GBP335.6 million from GBP302.7 million a year prior. Spectris Scientific sales were up 12%, while Spectris Dynamic sales were up 10%, all on a reported basis. The company continues to expect 2025 adjusted operating profit in line with management expectations. Regarding its planned acquisition by New York-based private equity firm KKR, Spectris says it is in an "advanced stage of preparation for completion." Back in September, it had said it expected the takeover to complete in or before the first quarter of 2026. Read More