Financial Information for Business Decision
Executive summary * Strong global position in the industry of electronic and electrical equipment. * Acquisition is a central part of the Spectrics strategy. * Customers are the globally spread blue chip companies. * Spent around 7% of sale average on research and development in each year. * Aftersales, service and consumables are important which is represent 26% of sales. * IRM group and Sixnet were acquired by spending £5.1m using the bolt acquisition method. * Archived a remarkable gross margin compared to the competitor company.
Business Model
Spectrics founded in 1915 is a leading organization which is providing a superior and specific instrumentation and control which enables their customers to enhance their product quality and performances from the beginning of the manufacturing process. It reduce the down time and wastage and reduce the time to market. Spectrics comprises four strategic segments which reflect the end user industries and application. They serve material analysis, test and measurement, industrial control and in line instrumentation segments. In material analysis they provide a spread range of analytical instrumentation to the industries of metals and mining, pharmaceutical and life sciences and semiconductor. The in line instrumentation segment they serve asset monitoring and on line controls for both primary processing and the converting industries. Test and measurement segment provide its services aero space, automotive and consumer electronic industries. The industrial segment provides application for product tracking, machine interface and industrial networking.
Spectrics have located their sale and service branches around the world like in North America, Europe, Asia, and rest of the world. They have their own culture and values that leads and empowered to manage the business. They practice low expenditure and nurturing innovation. Highly target on core competence product design and research and
Business Model
Spectrics founded in 1915 is a leading organization which is providing a superior and specific instrumentation and control which enables their customers to enhance their product quality and performances from the beginning of the manufacturing process. It reduce the down time and wastage and reduce the time to market. Spectrics comprises four strategic segments which reflect the end user industries and application. They serve material analysis, test and measurement, industrial control and in line instrumentation segments. In material analysis they provide a spread range of analytical instrumentation to the industries of metals and mining, pharmaceutical and life sciences and semiconductor. The in line instrumentation segment they serve asset monitoring and on line controls for both primary processing and the converting industries. Test and measurement segment provide its services aero space, automotive and consumer electronic industries. The industrial segment provides application for product tracking, machine interface and industrial networking.
Spectrics have located their sale and service branches around the world like in North America, Europe, Asia, and rest of the world. They have their own culture and values that leads and empowered to manage the business. They practice low expenditure and nurturing innovation. Highly target on core competence product design and research and