Spirax posts mid‑single‑digit organic growth, maintains FY outlook
13th May 2026 07:25
(Sharecast News) - Steam management systems manufacturer Spirax Group said on Wednesday that it had delivered mid‑single‑digit organic revenue growth and an improvement in adjusted operating margins in the first four months of the year, prompting it to reiterate full‑year guidance despite a persistently weak industrial production backdrop.
Read moreRevenue growth, margins improve at Spirax
13th Nov 2025 08:20
(Sharecast News) - Spirax Group reported that both organic revenue growth and adjusted operating margins for the 10 months ended 31 October were ahead of the levels achieved in the first half, despite ongoing weakness in global industrial production and softer demand for large projects.
Read moreUBS upgrades Spirax to 'buy', hikes price target
28th Oct 2025 15:30
(Sharecast News) - UBS upgraded Spirax on Tuesday to 'buy' from 'neutral' and hiked the price target to 10,500p from 7,500p.
Read moreSpirax reports better-than-expected first half, shares pop
12th Aug 2025 09:24
(Sharecast News) - Spirax Group reported first-half results that exceeded analyst expectations on Tuesday, sending shares soaring, as the company reaffirmed full-year guidance despite macroeconomic headwinds.
Read moreLondon close: Burberry surges on mixed day for stocks
14th May 2025 15:02
(Sharecast News) - London stocks ended Wednesday's session narrowly mixed, as investors weighed a stream of corporate updates.
Read moreSpirax says tariff uncertainty affecting customer decisions
14th May 2025 08:08
(Sharecast News) - Manufacturing group Spirax delivered a cautious outlook on Wednesday, saying that the uncertainty caused by trade tariffs is impacting customers' capital investment decisions.
Read moreSpirax expects further organic growth despite market weakness
11th Mar 2025 07:15
(Sharecast News) - Spirax Group managed to grow organic revenues across the board in 2024 despite industrial production growth being weaker than expected in the second half.
Read moreShore Capital downgrades Spirax to 'sell' from 'hold'
14th Feb 2025 08:19
(Sharecast News) - Shore Capital downgraded Spirax Group on Friday to 'sell' following a 20% share price rise since it upgraded to 'hold' shortly after the in line update on 14 November 2024.
Read moreLondon close: Stocks mixed as Trump reenters the Oval Office
20th Jan 2025 15:40
(Sharecast News) - London stocks ended Monday with a mixed performance as investors assessed the latest UK house price data and monitored Donald Trump's inauguration as the 47th president of the United States.
Read moreJefferies 'cautiously optimistic' for UK industrials in 2025
20th Jan 2025 09:09
(Sharecast News) - Jefferies has upgraded its rating for Spirax Group as part of its annual review of the listed UK industrials sector, while downgrading its stance on Smiths Group, XP Power and Judges Scientific.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreMorgan Stanley upgrades Weir, Spirax to 'overweight'
9th Dec 2024 12:15
(Sharecast News) - Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Read moreLondon close: Stocks mixed as US payrolls beat expectations
6th Dec 2024 15:43
(Sharecast News) - London's stock markets closed on a mixed note on Friday, with investors reacting to a stronger-than-expected US non-farm payrolls report and corporate deal activity driving selective gains.
Read moreLondon close: Stocks mixed amid global political concerns
4th Dec 2024 15:01
(Sharecast News) - London's financial markets ended Wednesday in a mixed state, as investors weighed the upcoming no-confidence vote in France and political tensions in South Korea.
Read moreLondon close: Stocks rise with deal news in focus
28th Nov 2024 16:07
(Sharecast News) - London markets ended Thursday in positive territory, with deal activity providing a significant boost to specific sectors.
Read more