Ann: Annual Report to shareholders and Appendix 4E, page-2

Reading the MDs review certainly gives great hope for future growth of Spectur.

Both the MD and Chairman have been demonstrating their belief in Spectur's future with significant increases in their holdings ...



Despite the fact that the last year has seen a "redevelopment of the growth plans" by the new MD and despite Covid difficulties I was pretty impressed by these four points:

1. Ratio of revenue to Cost of Goods Sold for H2 2020 was 2.91 - the highest of any half year in Spectur's lifespan
2. Ratio of revenue to Cost of Goods Sold for FY20 was 2.78 - the highest of any financial year in Spectur's lifespan
3. FY20 was the highest ever gross profit for a year
4. H2 2020 was the lowest ever half yearly net loss since H1 2018

Looking forward to Gerard Dyson's future for Spectur ...


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