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Spirent Communications plc 2017 Full Year Results March 2018
Spirent Communications plc
2017 Full Year Results
March 20182 Spirent Communications PROPRIETARY AND CONFIDENTIAL
Safe Harbour Statement
This presentation and thesubsequent question and answer session may contain forward -looking statements that arebased oncurrent
expectations orbeliefs, aswell asassumptions about future events .There arerisk factors that could cause our actual results todiffer
materially from those expressed inorimplied bysuch statements .
Spirent disclaims any intention orobligation torevise orupdate any forward -looking statements that may bemade during this
presentation orthe subsequent question and answer session regardless ofwhether those statements areaffected asaresult ofnew
information, future events orotherwise .3 Spirent Communications PROPRIETARY AND CONFIDENTIAL
Strategic Priorities
Sharp focus on target markets
Innovate –maintain market
Strong financial and operational
platform•Portfolio rationalisation –divestments made
•Accelerated growth in Lifecycle Service Assurance and
Application Security
•Key strategic wins secured –moving into ‘live’ test
•Lead in high -speed Ethernet and Positioning
•First -to-market with new products and enhancements
•Expanded in Tier 1 service provider customers
•Increased profitability. Significant cost reduction
•Organisation alignment and talent review
•Doubled free cash flow
•Special dividend 5 cents per share, increased final dividend2017 progress4 Spirent Communications PROPRIETARY AND CONFIDENTIAL
Chief Financial Officer
2017 Financial Results5 Spirent Communications PROPRIETARY AND CONFIDENTIAL
Click to edit master title styleKey Metrics
(1) Before exceptional items, acquired intangible asset amortisation, goodwill and acquired intangible asset impairment and s hare-based payment
(2) Before gain on divestment, impairment of investment in associate, revaluation of deferred tax assets due to US tax reform , prior year tax and tax on items in note (1)
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