Spirent, the telecoms equipment specialist, has announced a 40 per cent leap in half-year profits to £21.6 million.

Turnover at the Crawley-based group was up four per cent to £239.3m while earnings per share increased by 38 per cent to £1.41.

Chairman John Weston said the results were encouraging and reflected the group's continued investment in product development.

He also welcomed Spirent's new chief executive, Anders Gustafsson, who has extensive telecoms industry expertise.

Friday August 06, 2004