SPIRENT COMMUNICATIONS PLC

• ◆

  9 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3%

  £354,563,804 → £344,023,324

• Cash

  +31.2%

  £80,810,346 → £106,002,841

• Net assets

  +4.4%

  £280,929,954 → £293,414,069

• Employees

  -16.1%

  1,821 → 1,528

• Operating profit

  +2.2%

  £33,789,340 → £34,536,892

• Profit before tax

  0%

  £37,153,323 → £37,153,323

• Wages

  -4.4%

  £160,947,896 → £153,920,909

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. SPIRENT COMMUNICATIONS PLC 2006-05-08 → present
2. SPIRENT PLC 2000-05-12 → 2006-05-08
3. BOWTHORPE PLC 1992-05-20 → 2000-05-12
4. BOWTHORPE HOLDINGS PLC 1949-07-16 → 1992-05-20

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. SPIRENT COMMUNICATIONS PLC · parent
   1. Spirent Communications of Ottawa Ltd. 100% · Canada
   2. Spirent Communications Technology (Beijing) Limited · China
   3. Bowthorpe Limited · England
   4. Cambridge Analytical Group Limited · England
   5. Earlynow Limited · England
   6. Spirent Communications SAS · France
   7. Spirent Communications GmbH · Germany
   8. Spirent (Overseas) Limited · Guernsey
   9. Spirent Communications (Asia) Limited · Hong Kong
   10. Spirent Communications (India) Pvt Limited · India
   11. Spirent Communications Japan KK · Japan
   12. Spirent Communications Singapore Pte Limited · Singapore
   13. Spirent Communications Korea Inc · South Korea
   14. Spirent Communications Taiwan Limited · Taiwan
   15. Netcom Systems Holdings Corporation · US (Delaware)
   16. Spirent Communications Inc · US (Delaware)
   17. Spirent Federal Systems Inc · US (Delaware)
   18. Spirent Holdings Corporation · US (Delaware)
   19. Spirent Communications Hawaii LLC · US (Hawaii)

Significant events

• “Announcement on 28 March 2024 that Spirent would be sold to Keysight Technologies, Inc. ('Keysight'). Shareholders approved the Keysight offer on 22 May 2024. The macroeconomic environment in 2024 continued to present headwinds, particularly in the telecom sector, with ongoing budget pressures and a cautious capital expenditure environment. Robust pricing, supply chain management and product mix led to strong gross margin.”
• “Adjusted operating profit increased by 18.2% to $46.2 million in 2024 (2023 $45.2 million).”
• “Net profit (profit for the year) was $44.5 million in 2024 (2023 $44.3 million).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

1

last 24 months

Officers appointed

4

last 12 months

Officers resigned

9

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.