UK's INSPECS Group tumbles on lower first-half earnings, US tariff impact

Inspecs

18/09/2025 09:17

** Shares of INSPECS Group SPECI.L down 10.4% at 38.5p

** Eyewear provider says current trading in first two months of H2 slightly behind plan

** Ongoing tariff disruption continues to affect co's manufacturing exports from China to U.S.

** Peel Hunt notes U.S. tariff uncertainty, government funding delays for key customers hit U.S. sales YoY

** Adds, in Europe, sales continue to face headwinds, trading slower than anticipated

** H1 rev 97.6 mln pounds ($133.07 mln) vs 100.6 mln pounds year ago; pretax profit of 2.4 mln pounds vs 2.6 mln pounds year ago

** Including session's losses, stock down nearly 16% YTD

($1 = 0.7335 pounds)

 (Reporting by Ankita Bora in Bengaluru)

 ((Ankita.Bora@thomsonreuters.com))