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Spirent Communications plc 2018 Full Year Results March 2019
Spirent Communications plc
2018 Full Year Results
PROPRIETARY AND CONFIDENTIAL 2
Safe Harbour Statement
Thispresentation and thesubsequent question and answer session may contain
forward -looking statements thatarebased oncurrent expectations orbeliefs, aswell
asassumptions about future events .There areriskfactors that could cause our
actual results todiffer materially from those expressed inorimplied bysuch
Spirent disclaims anyintention orobligation torevise orupdate anyforward -looking
statements thatmay bemade during thispresentation orthesubsequent question
andanswer session regardless ofwhether those statements areaffected asaresult
ofnew information, future events orotherwise .PROPRIETARY AND CONFIDENTIAL 3Delivering Against Our Strategic Priorities
Sharp focus on target markets
Strong financial and
operational platformHighlights
•Demand increased for 400G Ethernet test
•Expanded enterprise and government security wins
•5G development wins
•VisionWorks expanded in all current customers plus three new customers
•Market leadership for 100G and 400G Ethernet testing
•National Instruments collaboration
•Key Account Executives drive new business opportunities
•Portfolio delivering revenue growth with improved operating margin
•Superior EPS growth
•Effective investment decisions
•Strong balance sheet2018 Full Year
Chief Financial OfficerPROPRIETARY AND CONFIDENTIAL 5Revenue
Change in revenue, adjusted operating profit and adjusted operating margin relate to ongoing businesses i.e. excluding divest ments made in 2017
(1) Before exceptional items, acquired intangible asset amortisation and share -based payment
(2) Adjusted operating profit as a percentage of revenue
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