Spirax-Sarco profit falls with worse to come
13th May 2020 07:53
(Sharecast News) - Spirax-Sarco said profit fell in the first four months of 2020 as the Covid-19 crisis hit its business and predicted worse to come from the effects of the pandemic.
Read moreSpirax-Sarco hires De Beers's Nimesh Patel as CFO
2nd Apr 2020 08:40
(Sharecast News) - Spirax-Sarco Engineering has hired Nimesh Patel as chief financial officer from De Beers to replace Kevin Boyd at the thermal energy group.
Read moreSpirax Sarco hires De Beers's Nimes Patel as next CFO
2nd Apr 2020 08:40
(Sharecast News) - Spirax Sarco Engineering has hired Nimesh Patel as chief financial officer from De Beers to replace Kevin Boyd at the thermal energy group.
Read moreSpirax-Sarco warns of coronavirus impact on 2020 growth
11th Mar 2020 07:03
(Sharecast News) - Spirax-Sarco warned the impact of the coronavirus and negative currency movements would offset underlying growth in 2020 as the industrial engineering company reported a 7% increase in adjusted profit for 2019.
Read moreSpirax-Sarco profits rise despite sales growth decline
13th Nov 2019 07:19
(Sharecast News) - Spirax-Sarco Engineering on Wednesday reported an increase in profit and left its full-year expectations unchanged, but also warned of a slowdown in sales growth.
Read moreFriday preview: China foreign trade data, Spirax Sarco in the spotlight
7th Nov 2019 15:46
(Sharecast News) - Markets' focus at the end of the week will be squarely on the latest foreign trade data out of the People's Republic of China.
Read moreBerenberg starts 'outstanding' Spirax-Sarco at 'buy'
16th May 2019 15:44
(Sharecast News) - Berenberg started coverage of "outstanding" Spirax-Sarco Engineering at 'buy' on Thursday as it took a look at the capital goods and industrial engineering sector.
Read moreAsia Pacific lifts Spirax-Sarco sales, profits in year to date
15th May 2019 07:32
(Sharecast News) - Valve maker Spirax-Sarco Engineering said organic sales growth in the first four months of 2019 had remained similar to levels in the second half of 2018.
Read moreFTSE 100 movers: DCC rallies on results; Vodafone retreats
14th May 2019 14:16
(Sharecast News) - London's FTSE 100 was up 0.9% to 7,224.87 in afternoon trade on Tuesday as investors digested the latest UK jobs data and Sino-US trade developments.
Read moreSpirax-Sarco to buy Paris-based Thermocoax for €158m
15th Mar 2019 11:39
(Sharecast News) - Spirax-Sarco Engineering has agreed to buy electrical thermal solutions business, Thermocoax, for €158m (£139m).
Read moreSpirax-Sarco profits rise amid strong organic growth, acquisitions
7th Mar 2019 07:19
(Sharecast News) - Spirax-Sarco Engineering posted a jump in 2018 profit and revenue on Thursday thanks to strong organic growth and contributions from acquisitions.
Read moreSpirax in talks to buy Thermocoax for €158m
18th Feb 2019 07:34
(Sharecast News) - Spirax-Sarco Engineering said it was in talks to buy Thermocoax Developpement from Chequers Capital, TCR Capital and other minority shareholders for a €158m (£139m) on a cash-free and debt-free basis.
Read moreSpirax sells HygroMatik unit to Italy's Carel for €59m
3rd Dec 2018 07:03
(Sharecast News) - Spirax-Sarco Engineering said it had sold its German HygroMatik unit to Italian firm Carel Industries for €59m (£52.3m).
Read moreFTSE 250 movers: Indivior dives as BTG soars on sale news
20th Nov 2018 14:51
(Sharecast News) - London's FTSE 250 was down 0.94% at 18,365.26 in afternoon trade on Tuesday, as Indivior plummeted following some courtroom drama.
Read moreRBC backs UK engineering, dismisses downturn concerns
20th Nov 2018 13:34
(Sharecast News) - Fears that the British engineering sector is facing a significant downturn have been overplayed, according to analysts at RBC Capital Markets, leaving a number of companies undervalued.
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