Spectris (GB:SXS) has released an update.
Spectris reports a challenging third quarter with sales down 10% year-to-date due to continued softness in key markets like China and academia. Despite these headwinds, the company is accelerating cost reduction efforts and restructuring to drive profitability, while also focusing on strategic acquisitions to fuel growth in 2025. The company’s commitment to improving its portfolio and operational efficiency positions it well for future market recovery.
For further insights into GB:SXS stock, check out TipRanks’ Stock Analysis page.
