Spirax Group rises on higher annual profit

Spirax

10/03/2026 08:30

** Shares of valve maker Spirax Group SPX.L up 5.74% at 7,460p

** Co posts FY adjusted pretax profit of 301 million pounds ($405.42 million) vs 288.2 million pounds a year ago

** SPX posts FY revenue of 1.70 billion pounds vs 1.68 billion pounds as per a company-compiled consensus

** In 2026, co anticipates mid-single-digit organic growth in group revenues

** YTD, stock up 3.45%

($1 = 0.7424 pounds)

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))