Spirax Group beats profit forecasts, shares jump
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Oil prices sink as Trump talks Iran war end, supply relief Futures rise as Trump says Iran war will end "very soon" - what’s moving markets Gold prices rise but still rangebound with focus on Iran war de-escalation Aramco tops forecasts, warns of ‘catastrophic’ fallout from Hormuz disruption (South Africa Philippines Nigeria) Spirax Group beats profit forecasts, shares jump By Author Maria Ponnezhath Earnings Published 03/10/2026, 04:18 AM Updated 03/10/2026, 05:26 AM Spirax Group beats profit forecasts, shares jump 0 SPX 4.32% Investing.com -- Spirax Group PLC (LSE:SPX) on Tuesday reported adjusted operating profit of £339.9 million for 2025, exceeding analyst estimates of £332 million, as the industrial equipment maker delivered organic revenue growth well ahead of global industrial production. The company posted revenue of £1,702.9 million, up 5% organically and outpacing global industrial production growth of 2.1%. Adjusted operating profit rose 6% organically, while the adjusted operating margin improved 30 basis points organically to 20.0%. Watson-Marlow Fluid Technology Solutions saw particularly strong performance with 6% organic revenue growth, driven by Biopharm recovery in the second half and sector focus in Process Industries. Electric Thermal Solutions delivered 11% organic revenue growth, supported by operational improvements and stronger semiconductor demand. Stay ahead of the FTSE — premium UK stock insights and real-time market movers with InvestingPro Shares rose 4.2% following the results as investors responded positively to the profit beat and the company’s guidance for continued growth. For 2026, Spirax Group expects mid-single-digit organic sales growth and further margin progress across the group. "We are delivering on that commitment against a continuing volatile and uncertain macroeconomic backdrop, which is a testament to the strength of our unique business model and the focused impl...
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