StockMarketWire.com - Instrumentation and controls company Spectris said sales rose 2% in the first four months of the year, as particularly strong growth in China and UK as offset by adverse currency movements.

On a like-for-like basis, sales grew 6%, the company said. Acquisitions contributed another 1% growth, all offset by a 5% foreign currency hit.

Sales in North America, Europe and Asia, with notably strong growth in China and in the UK, led by strong demand for Millbrook's test services, the company said.

In-line instrumentation was the only business segment that recorded a fall in sales, against a strong comparative period lat year, Spectris said.

Chief executive John O'Higgins said the year-to-date performance showed a continuation of the strength in the company's end markets experienced in 2017.

'Performance remains consistent with our expectations for the full year, although noting that visibility on our order book remains limited,' he said.

'We are pleased with the strategic developments we continue to make which further expand our services capabilities and foster increased collaboration between our operating companies.'



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