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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Friday broker round-up

12th Mar 2021 13:25

(Sharecast News) - Petra Diamonds: Berenberg upgrades to buy with a target price of 2p.

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Spirax-Sarco FY profit beats views after better-than-expected Q4

10th Mar 2021 07:36

(Sharecast News) - Spirax-Sarco Engineering reported a better-than-expected full-year profit on Wednesday, while revenues were in line after a stronger-than-anticipated fourth quarter.

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Spirax-Sarco backs FY expectations as Q3 trading improves

18th Nov 2020 07:53

(Sharecast News) - Spirax-Sarco Engineering backed its full-year expectations on Wednesday as it reported an improvement in third-quarter trading.

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Friday broker round-up

26th Jun 2020 13:24

(Sharecast News) - Crest Nicholson: Jefferies downgrades to hold with a target price of 226.0p.

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Tuesday broker round-up

23rd Jun 2020 13:27

(Sharecast News) - Scapa Group: Berenberg reiterates buy with a target price of 150p.

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