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LONDON - Spirent (LON:SPT) Communications plc (LSE:SPT), a provider of test and assurance solutions for advanced technologies, announced that its Annual General Meeting (AGM) will take place on Thursday, June 26, 2025. The meeting is scheduled for 9:30 a.m. at the offices of DGA Group in London.
In accordance with the Listing Rule 9.6.1R, Spirent has made its Annual Report for the fiscal year 2024, along with the Notice of the 2025 AGM and Form of Proxy, available for public inspection. These documents can be accessed through the National Storage Mechanism and on the company’s website in the Investors section.
The company’s preliminary results, announced on March 4, 2025, included a condensed set of financial statements for the year ended December 31, 2024. The announcement also covered significant events from the financial year that impacted the financial statements. However, stakeholders are encouraged to read the full Annual Report for a comprehensive understanding of the company’s performance.
Spirent’s Directors have taken responsibility for the accuracy of the financial statements, confirming their compliance with applicable accounting standards and providing a true and fair view of the company’s financial position. They also affirmed that the Annual Report offers a balanced and understandable assessment of the company’s performance, strategy, and risks.
The press release also touched on the company’s exposure to macroeconomic changes, such as the effects of the COVID-19 crisis, the war in Ukraine, inflation, and higher interest rates. These factors contribute to global economic uncertainty, which the company continues to monitor closely.
Spirent’s business continuity plans have been highlighted, particularly in response to natural disasters and cybersecurity threats. The company has taken steps to mitigate these risks, including enhancing its supply chain resilience and information technology systems.
The company also addressed the competitive nature of its market, emphasizing its ongoing efforts to maintain technological differentiation and to monitor competitor activity closely.
Lastly, the importance of retaining a skilled workforce was noted, especially in light of the sale process to Keysight, which has presented challenges in employee retention. Spirent is actively working on initiatives to maintain and attract top talent.
This news article is based on a press release statement from Spirent Communications plc.
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