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Test & Measurement

Spirent Provides Update

LONDON -- Spirent Communications plc ('Spirent''the Company' or 'the Group') (LSE: SPT; NYSE: SPM), a leading communications technology company, is today issuing an update on current trading together with an update on its strategy, which includes plans for a further return of capital and its intention to seek a US de-listing.

Highlights:

  • Current trading in line with expectations with important new customer wins
  • Target to improve operating margin in Performance Analysis Broadband to a 15% run rate by the end of 2007 - additional restructuring actions announced across Communications
  • Proposed additional return of capital of £50 million
  • Intention to pursue US de-listing and SEC de-registration


Spirent Communications plc

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