Director dealings: Segro non-exec buys almost £0.4m of shares

20th Jun 2022 13:59

(Sharecast News) - Segro was on the list of director buys on Monday, after a non-executive director purchased almost £0.4m worth of shares.

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Spirax-Sarco considering closure of loss-making French facility

23rd May 2022 11:15

(Sharecast News) - Spirax-Sarco Engineering said on Monday that it considering closing its loss-making Chromalox manufacturing facility in Soissons, France.

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Spirax-Sarco maintains FY guidance despite multiple headwinds

11th May 2022 07:23

(Sharecast News) - Manufacturing company Spirax-Sarco Engineering maintained its full-year guidance on Wednesday despite the global macro-economic outlook weakening since the publication of its full-year results due to ongoing global supply chain constraints, geopolitical uncertainty, Covid-19 related restrictions in Asia, rising inflation, and higher interest rates.

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Spirax-Sarco predicts strong growth as profit surges

10th Mar 2022 07:01

(Sharecast News) - Spirax-Sarco Engineering predicted strong growth in 2022 as the company reported a sharp rise in annual profit and increased its dividend.

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Thursday preview: Russia-Ukraine talks, ECB in focus

9th Mar 2022 10:57

(Sharecast News) - Everything having to do with finance will take a backseat again on Thursday as the world's gaze focuses on a meeting between the foreign ministers of Russian and Ukraine in Antalya, Turkey.

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Spirax-Sarco buys Cotopaxi for £13.3m

24th Jan 2022 07:27

(Sharecast News) - Thermal energy and pumping specialist Spirax-Sarco Engineering said it has bought Cotopaxi, a consulting and optimisation specialist, for £13.3m.

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Spirax-Sarco experiences 'very strong demand', impacted by supply chain and FX headwinds

17th Nov 2021 08:40

(Sharecast News) - Manufacturing company Spirax-Sarco Engineering said on Wednesday that it had experienced "very strong demand" in the four months ended 31 October but cautioned that it was "not immune" to supply chain challenges and currency exchange headwinds.

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Monday broker round-up

16th Aug 2021 15:10

(Sharecast News) - Dalata Hotel Group: Berenberg keeps at buy but cuts target price from 440.0p to 400.0p.

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Thursday broker round-up

12th Aug 2021 12:09

(Sharecast News) - Hill&Smith: Berenberg keeps at buy and raises target price from 1,775.0p to 1,995.0p.

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Industrial demand recovery underpins Spirax-Sarco first half growth

11th Aug 2021 08:45

(Sharecast News) - Steam and fluid engineering company Spirax-Sarco reported revenue growth of 13% in its first half on Wednesday, to £643.7m, with organic revenue growth of 17%.

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Numis downgrades TI Fluid Systems, Spirax-Sarco

8th Jul 2021 11:05

(Sharecast News) - Numis downgraded TI Fluid Systems to 'add' from 'buy' on Thursday, while Spirax-Sarco Engineering was cut to 'hold' from 'add' as it took a look at the capital goods sector.

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Thursday broker round-up

20th May 2021 13:09

(Sharecast News) - BT Group: Berenberg downgrades to hold with a target price of 175p.

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Goldman upgrades Spirax-Sarco after Q1 update

14th May 2021 09:15

(Sharecast News) - Goldman Sachs upgraded its stance on shares of Spirax-Sarco Engineering to 'neutral' from 'sell' following the company's first-quarter trading update on Thursday.

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Thursday broker round-up

13th May 2021 13:08

(Sharecast News) - Hargreaves Lansdown: Numis downgrades to add with a target price of 2,019p.

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Spirax-Sarco reports better-than-expected margins in new year

12th May 2021 07:47

(Sharecast News) - Spirax‐Sarco Engineering said margins in the four months to April 30 were higher than expected after a rise in sales.

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