UBS upgrades Spirax-Sarco Engineering, cites attractive entry point
14th Jul 2023 10:22
(Sharecast News) - UBS upgraded Spirax-Sarco Engineering on Friday to 'buy' from 'neutral' and lifted the price target to 12,400p from 11,560p, citing an attractive entry point.
Read moreBroker tips: Spirax-Sarco Engineering, Morgan Advanced Materials
14th Jul 2023 07:42
(Sharecast News) - UBS upgraded Spirax-Sarco Engineering on Friday to 'buy' from 'neutral' and lifted the price target to 12,400p from 11,560p, citing an attractive entry point.
Read moreSpirax-Sarco to invest £3m for 15% stake in Kyoto Group
22nd Jun 2023 07:49
(Sharecast News) - Spirax-Sarco Engineering said on Thursday that it will invest £3m in return for a 15% interest in Norwegian thermal battery company Kyoto Group.
Read moreSpirax-Sarco describes modest growth amid challenging market
10th May 2023 07:33
(Sharecast News) - Spirax-Sarco Engineering maintained its full-year guidance in an update on Wednesday, as it continued to trade in line with expectations.
Read moreDirector dealings: Spirax Sarco CFO makes share sale
15th Mar 2023 14:43
(Sharecast News) - Spirax-Sarco Engineering revealed on Wednesday that chief financial officer Nimesh Patel had offloaded 1,812 ordinary shares in the FTSE 100-listed manufacturer.
Read moreSpirax-Sarco FY revenues driven by volume growth, price hikes
9th Mar 2023 08:11
(Sharecast News) - Spirax-Sarco Engineering reported a rise in full-year profit on Thursday, with higher revenues driven by volume growth and price increases to protect margins.
Read moreSpirax-Sarco to acquire US-based Durex International
28th Sep 2022 07:10
(Sharecast News) - Manufacturing firm Spirax-Sarco Engineering has agreed to acquire US custom electric thermal solutions specialist Durex International in a deal valued at $342.2m.
Read moreSpirax-Sarco hails 'strong' first half despite headwinds
11th Aug 2022 07:11
(Sharecast News) - Spirax-Sarco Engineering hailed a "strong" first half on Thursday despite headwinds, as it reported a jump in profits and said order books remain at record levels.
Read moreSpirax-Sarco signs binding £223m deal to buy Vulcanic Group
25th Jul 2022 08:22
(Sharecast News) - Thermal energy and pumping specialist Spirax-Sarco Engineering has signed a binding definitive agreement to acquire the Vulcanic Group from French private equity company Qualium, it announced on Monday.
Read moreSpirax-Sarco in exclusive talks to buy Vulcanic
4th Jul 2022 07:25
(Sharecast News) - Thermal energy management specialist Spirax-Sarco Engineering has entered into exclusive negotiations to buy Vulcanic from French private equity group Qualium for €261.7m (£225.5m) on a cash and debt-free basis.
Read moreDirector 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.
Read moreSpirax-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.
Read moreSpirax-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.
Read moreSpirax-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.
Read moreThursday 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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