Spirent Communications (SPT)

Sector:

IT Hardware

Index:

FTSE 250

195.60p
   
  • Change Today:
    -0.80p
  • 52 Week High: 197.40p
  • 52 Week Low: 168.00p
  • Currency: UK Pounds
  • Shares Issued: 581.15m
  • Volume: 913,780
  • Market Cap: £1,136.73m
  • RiskGrade: 172

Spirent H1 profits, revenue rise after solid Q2

By Michele Maatouk

Date: Tuesday 05 Aug 2025

LONDON (ShareCast) - (Sharecast News) - Spirent Communications reported a rise in first-half revenue and profit on Tuesday as it hailed a "particularly good" performance in the second quarter of the year and said that trading had been resilient in a challenging market.
In the six months to 30 June, adjusted pre-tax profit increased 31% to £8.9m. Revenue pushed up 5% to £208.1m, with Lifecycle Service Assurance down 2% and Networks & Security up 11%.

The order book rose 9% to £310.1m and order intake ticked up 9% to £206.5m.

On a reported basis, losses before tax widened to £12.8m from £7.5m in the same period a year earlier.

Spirent - which is in the process of being bought by Keysight Technologies in a £1.16bn deal - said there had been some recovery in North America at the end of 2024 and this continued into 2025.

It also said that APAC and EMEA activities remained robust compared to the prior period, which meant that revenue increased from $197.3m to $208.1m.

Chief executive Eric Updyke said: "We delivered a resilient first half performance, continuing to advance our strategic priorities, despite macroeconomic headwinds. I am particularly proud of the team's focus and agility as we support our customers with next-generation solutions while also deepening relationships in emerging segments.

"Our AI Data Centre testing solution, now commercially deployed with multiple customers, is gaining traction as enterprises race to modernise their Ethernet network fabrics for high-performance AI workloads. Meanwhile, our Positioning portfolio saw strong interest from aerospace, defence and automotive customers, and Wi-Fi 7 momentum has been fuelled by our expanded test capabilities, helping customers accelerate time to market. Interest in our 5G solutions continues from service providers and enterprises as they progress cloud-native core deployments and prepare for the next phase of 5G Standalone rollouts.

"We have continued to maintain strong customer engagement and project delivery, thanks to our committed and highly capable team. We are executing with discipline, investing in innovation, and positioning Spirent to capture growth as market conditions recover."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SPT Market Data

Currency UK Pounds
Share Price 195.60p
Change Today -0.80p
% Change -0.41 %
52 Week High 197.40p
52 Week Low 168.00p
Volume 913,780
Shares Issued 581.15m
Market Cap £1,136.73m
RiskGrade 172

SPT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.23% below the market average95.23% below the market average95.23% below the market average95.23% below the market average95.23% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Price Trend
49.14% above the market average49.14% above the market average49.14% above the market average49.14% above the market average49.14% above the market average
56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average56.52% above the sector average
Income Not Available
Growth
95.56% below the market average95.56% below the market average95.56% below the market average95.56% below the market average95.56% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPT Dividends

  Latest Previous
  Special Interim
Ex-Div 02-Jul-25 02-Jul-25
Paid 23-Jul-25 23-Jul-25
Amount 1.00p 2.50p

Trades for 29-Aug-2025

Time Volume / Share Price
16:35 443,305 @ 195.60p
16:35 445 @ 195.60p
16:35 445 @ 195.60p
16:35 1,675 @ 195.60p
16:35 9,409 @ 195.60p

SPT Key Personnel

CEO Eric Updyke

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