Spirent Communications Plc provide network testing, performance analysis, service assurance and security for a range of major global customers. Their solutions enable the development and deployment of next-generation networking technologies, such as broadband services, Internet telephony, wireless & 5G, well known web applications, and security testing.
The group has c.1,500 customers worldwide, including the major industry players amongst network service providers, equipment manufacturers, enterprise and government.
The communications sectors are currently seeing step changes such as a trend towards virtual networks, growth in IOT (internet of things) and a shift towards 5G. The video above highlights how these changes could benefit the group.
Eric Hutchinson (CEO)
With Spirent since 1983. Fellow of the Association of Chartered Certified Accountants.
Paula Bell (CFO)
Extensive CFO experience within plc’s including: John Menzies plc & Ricardo plc. Currently NED at Laird PLC.
James Armstrong (COO)
Previously CTO Symmetricom, President Movidis
NED’s: Jonathan Silver (prev. CFO Laird), Tom Maxwell (prev. Head UK Growth Martin Currie Investment Management), Gary Bullard (senior positions IBM & BT Group plc)
Spirent Communications plc (“Spirent”, the “Company” or the “Group”) (LSE: SPT), a leading communications technology company, today announces its half …
Spirent Communications Plc held a capital markets day on the 5th May 2017. Videos of the event can be viewed …
Spirent Communications plc (“Spirent”, the “Company” or the “Group”) (LSE: SPT), a leading communications technology company, today issues the following …
London, UK – 29 March 2017 – Spirent Communications plc (the “Company”) (LSE: SPT), a leading communications technology company, announces that …
| P&L | 2015 $mm | 2016 $mm |
|---|---|---|
| Turnover | 477.10 | 457.9 |
| Operating Profit | 10.10 | (41.10) |
| Earnings after tax | 13.5 | (42.3) |
| Balance Sheet | 2015 $mm | 2016 $mm |
|---|---|---|
| Cash & Equivalents | 102 | 96.1 |
| Total Assets | 592 | 508.6 |
| Total Liabilities | 179.9 | 167 |
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Directors
Eric Hutchinson – 0.33%
Paula Bell – 0.02%
Alexander Walker – 0.07%
Rachel Whiting – 0.02%
Tom Maxwell – 0.02%
Other
Threadneadle Asset Management – 14.75%
M&G Investment Management – 9.93%
Primestone Capital LLP – 6.91%
Axa Framlington Inv. Mgmt. – 6.09%
Artemis Investment Management – 5.86%
Neptune Investment Management – 5.62%
Brandes Investment Partners – 5.32%
Fidelity International Ltd – 4.9%
Aberforth Partners – 4.66%
Legal & General Inv. Mgmt. – 2.52%
“In recent years, network virtualization has played a key role in simplifying the management of datacenter networks.” Financial News (May 2017)
“Not wanting to be left behind by the likes of AT&T and Verizon, another major telecom company is making plans to support 5G connectivity.” TechRadar (May 2017)
The Motley Fool (May 2017)
“City brokers expect Spirent to wave goodbye to the earnings volatility of recent years and print a 29% earnings advance in 2017…”
Evening Standard (May 2017)
“Citi’s tipsters upgraded Spirent to Buy and bumped up their target price from 90p to 145p as they identified it as a target because of its “quality business and favourable exposure to end markets”.
Liberum Capital (May 2017): Liberum Capital restated their buy rating on shares of Spirent Communications Plc (LON:SPT) in a research report released on Monday morning. The firm currently has a GBX 134 ($1.73) price objective on the stock.
