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Spirent Communications Plc

Current Price 194.80p Bid 194.60p Ask 195.00p Change 0.26%
Last Updated: 25/04/2024 20:19. Prices delayed by at least 15 minutes.
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Company Overview

Spirent is the leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning. We stand behind your promise to deliver a new generation of technologies to your customers. Our automated test and assurance solutions accelerate technology development in the lab and ensure new products and services perform in the real world.

Financial Highlights Year Ended 31/12/2023

Revenue
£474.30m
Operating Profit/Loss
£18.40m
Dividend yield (%)
1.80
Total dividend for year
$n/a
Dividend cover
2.74
P/E Ratio
20.50
More Financials

Key Personnel

Mr Eric Updyke
Chief Executive Officer
Ms Paula Bell
Chief Financial Officer
Mr Edgar Masri
Independent Non-Executive Director
Mr Gary Bullard
Independent Non-Executive Director
Mr Wendy Koh
Independent Non-Executive Director
Ms Maggie Buggie
Independent Non-Executive Director
Mr Bill Thomas
Non-Executive Chairman
Mr Jonathan C Silver
Senior Independent Non-Executive Director

Stock Details

EPIC
SPTL
ISIN
GB0004726096
Shares in Issue
611.74m
Market cap
£1,191.67m

Analyst Views (2)

Strong Buy
 
0%
Buy
 
50.00%
Hold
 
50.00%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
194.80p
Bid Price
194.60p
Ask Price
195.00p
Volume
64,617
Change Today
0.50p
% Change Today
0.26%
Open
194.70p
Previous Close
194.80p
Intraday High
195.00p
Intraday Low
193.70p
52 Week High
199.90p
52 Week Low
90.00p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

More Charts

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Continuing Operations
Revenue
474.30
607.50
Operating Profit/Loss
18.40
112.70
Net Interest
4.50
1.90
Pre-Tax Profit
22.90
114.60
Profit After Tax from continuing operations
25.20
99.90
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
25.20
99.90
Attributable to:
Equity Holders of Parent Company
25.20
99.90
Minority Interests
n/a
n/a
Total Dividend Paid
$n/a
$n/a
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
4.30c
16.46c
Diluted
4.26c
16.36c
Adjusted
7.55c
18.86c
Dividend per Share
$n/a
$n/a

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Non-Current Assets
Property, Plant & Equipment
33.00
40.10
Intangible Assets
206.60
202.00
Investment Properties
n/a
n/a
Investments
n/a
n/a
Other Financial Assets
n/a
n/a
Other Non-Current Assets
56.90
49.70
Current Assets
Inventories
43.50
39.80
Trade & Other Receivables
133.70
160.80
Cash at Bank & In Hand
108.10
209.60
Current Asset Investments
n/a
n/a
Other Current Assets
2.00
3.30
Other Assets
n/a
n/a
Total Assets
583.80
705.30

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Current Liabilities
Borrowings
10.70
7.10
Other Current Liabilities
138.30
183.30
Total Current Liabilities
149.00
190.40
Non-Current Liabilities
Borrowings
10.70
15.00
Provisions
3.00
2.70
Other Non-Current Liabilities
45.30
32.00
Total Non-Current Liabilities
59.00
49.70
Other Liabilities
n/a
n/a
Total Liabilities
208.00
240.10

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Net Assets
375.80
465.20

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
$ (M)
$ (M)
Share Capital
24.60
24.70
Share Premium Account
25.70
24.40
Other Reserves
41.20
39.50
Retained Earnings
284.30
376.60
Shareholders Funds
375.80
465.20
Minority Interests/Other Equity
n/a
n/a
Total Equity
375.80
465.20

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Interim
10 Aug 2023
15 Sep 2023
2.14p
Final
16 Mar 2023
10 May 2023
4.12p
Interim
11 Aug 2022
16 Sep 2022
2.16p
Final
17 Mar 2022
10 May 2022
3.34p
Interim
12 Aug 2021
17 Sep 2021
1.72p
Final
18 Mar 2021
30 Apr 2021
2.78p
Final
18 Mar 2021
30 Apr 2021
2.78p
Interim
13 Aug 2020
11 Sep 2020
1.67p
Final
12 Mar 2020
01 May 2020
2.70p
Interim
08 Aug 2019
06 Sep 2019
1.59p
Final
14 Mar 2019
03 May 2019
2.08p
Interim
09 Aug 2018
07 Sep 2018
1.34p
Special
15 Mar 2018
04 May 2018
3.60p
Final
15 Mar 2018
04 May 2018
1.73p
Special
15 Mar 2018
04 May 2018
3.60p
Interim
10 Aug 2017
08 Sep 2017
1.27p
Final
09 Mar 2017
05 May 2017
1.80p
Interim
11 Aug 2016
09 Sep 2016
1.27p
Final
04 Mar 2009
08 May 2009
0.60p
Final
04 Mar 2009
08 May 2009
0.60p
Interim
13 Aug 2008
15 Oct 2008
0.50p
Interim
13 Aug 2008
15 Oct 2008
0.50p
Interim
13 Aug 2008
15 Oct 2008
0.50p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
-63.54%
11.98%
Dividend yield
1.80%
2.30%
Dividend cover
2.74
2.49


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