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Spirax-Sarco Engineering PLC (SPX.L)

SPX.L on London Stock Exchange

7,180.00GBp
20 Aug 2018
Change (% chg)

60.00 (+0.84%)
Prev Close
7,120.00
Open
7,095.00
Day's High
7,200.00
Day's Low
7,095.00
Volume
74,272
Avg. Vol
123,632
52-wk High
7,360.00
52-wk Low
5,370.00

Latest Key Developments (Source: Significant Developments)

Spirax-Sarco Engineering H1 Adjusted Pretax Profit Rose 22 pct
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Spirax-Sarco Engineering PLC ::H1 PRETAX PROFIT 106.8 MILLION STG VERSUS 88.5 MILLION STG YEAR AGO.H1 ADJUSTED PRETAX PROFIT ROSE 22 PERCENT TO 120.6 MILLION STG.INTERIM DIVIDEND 29 PENCEPER SHARE.SAYS HY REVENUE £547.6 MILLION VERSUS £428.6 MILLION LAST YEAR.FULL-YEAR EXPECTATIONS REMAIN UNCHANGED.SAYS HY ADJUSTED BASIC EARNINGS PER SHARE 119.2 PENCE.SPIRAX-SARCO ENGINEERING - EXPECT TO MAKE FURTHER PROGRESS IN NORTH AMERICA IN SECOND HALF, WITH US INDUSTRIAL PRODUCTION GROWTH LIKELY TO REMAIN STRONG.SPIRAX-SARCO - IN MEXICO, ANTICIPATE CONDITIONS TO BE DAMPENED BUT NOT DERAILED BY WEAKER PESO AND VOLATILITY CREATED BY NAFTA NEGOTIATIONS.  Full Article

Spirax-Sarco buys Chromalox for $415 mln
Friday, 26 May 2017 

May 26 (Reuters) - Spirax-sarco Engineering Plc ::Acquisition of Chromalox for US$415 million.Purchase consideration will be financed from new debt facilities supplied by existing banks.Acquisition will be accretive to group earnings in 2017.  Full Article

UPDATE 1-Valve maker Spirax-Sarco posts better-than-expected profit, revenue

March 15 Spirax-Sarco Engineering Plc reported better-than-expected full-year revenue and adjusted pretax profit on Thursday, helped by acquisitions and strength in its Europe, Middle East and Africa market.