UK's Spirax Group falls on unchanged outlook
11/08/2026 08:31
BUZZ-UK's Spirax Group falls on unchanged outlook ** Shares of valve maker Spirax Group SPX.L down 5.8% at 7,205p, top loser on FTSE 100 index .FTSE
** Co reiterates annual forecast for mid-single-digit organic revenue growth and margin expansion despite rise in first-half numbers
** Adjusted organic revenue growth stood at 5% in the six months to June, and margins grew by 10 basis points
** Stock has also rallied more than 21% from July lows
** YTD, stock down 5.4% including session's losses
(Reporting by Anushka Chourasia in Bengaluru)