Improving performance for our customers

Spectris is a leading supplier of precision instrumentation and controls. Our products help customers to improve product quality and performance, increase productivity and yield and reduce downtime.

2004 Highlights

Sales up 8%, operating profit up 9% driven by:

• Increased demand in Asia
• Successful new product introductions

Gross margins of 57%
At constant currencies:

• 11% organic growth in sales
• 25% organic growth in operating profit
• 0.8 percentage point improvement in operating margins

Asia now accounts for 24% of group sales
Dividend up 9%