# Spirent Communications plc  Pipeline remains robust and order intake showed solid growth

- Link: https://www.directorstalkinterviews.com/spirent-communications-plc-pipeline-remains-robust-and-order-intake-showed-solid-growth/412773502
- Published: 2019-05-01T07:51:49+01:00
- Author: Charlotte Edwards

**Spirent Communications plc** (LON: SPT), a leading communications technology company,
today issues the following Trading Update for the period 1 January to 31 March 2019.

**Group performance**

The Group as a whole saw positive momentum carried into the first quarter of 2019.
Trading performance is in line with our plan. Revenue and earnings grew compared
to the same period in 2018.

In addition, the order pipeline remains robust and order intake for the period also
showed solid growth compared with the same period in 2018.

As is typical for Spirent we expect a weighting to the second half of the year, 
with the usual uptick in the final quarter of the financial year. The Board remains
confident in delivering further strategic progress in the year with no change to
our outlook.

**Networks & Security**

We continue to maintain our leadership position in high-speed Ethernet test and 
showcased our capabilities at the OFC conference in San Diego with the world’s highest-
density 400/200/100/50 Gigabit Ethernet test system. We see robust demand for our
GPS positioning products and will shortly launch our new Data Breach Assessment 
security solution for continuous automated assessment of security and data loss 
prevention policies, as demand for our leading security solutions continues to grow.

**Lifecycle Service Assurance**

A number of support contracts were secured in the period, originally expected late
2018, and our VisionWorks solution continues to be well received by our key customers.
Demand for our Mobility products grew driven by 5G and other Landslide expansion
opportunities. We secured key orders for 10G and 100G probes from a Tier 1 US network
operator. Order intake momentum improved and revenue growth picked up in the quarter
as a result.

We showcased our 5G test leadership at a public demonstration at Mobile World Congress
in Barcelona, where our Landslide solution was used to validate the conformance 
and performance of a 5G standalone core network.

**Connected Devices**

We continue to see relative stability in the smartphone test market and our strategic
focus on developing 5G test capabilities is on track. We have expanded our routes
to market and have won important 5G opportunities for our Wireless solutions in 
China and the Nordic region on the back of our strong technical support.

> **Commenting on the results, Eric Hutchinson, Spirent Communications Chief Executive
> Officer, said:**
> “The year has started well with continued revenue and profit growth compared to
> the same period in 2018. Our pipeline remains robust, our market leading technologies,
> appropriate R&D investment and strong customer relationships continue to underpin
> our plans to support growth. We have also increased our customer key account reach
> and account management team to ensure we continue our focused approach to business
> growth.”

**Board update**

As previously announced, Eric Updyke has been appointed as the new Chief Executive
Officer from today.

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