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BRIEF-Spirax-sarco engineering organic sales up 4 pct
May 20, 2014 / 6:12 AM / 3 years ago

BRIEF-Spirax-sarco engineering organic sales up 4 pct

May 20 (Reuters) - Spirax-sarco Engineering Plc

* 2014 has started in line with our expectations, which remain unchanged for full year.

* For four months ended 30 th april 2014, organic sales increased by nearly 4 percent and acquisitions added nearly 1 percent.

* Currency headwinds reduced sales on translation, leaving reported sales marginally lower than prior year.

* Sales growth was strongest in Americas, with increases in both North and Latin America.

* Assume that our markets will exhibit low levels of growth, in line with modest overall improvement in industrial production growth through course of 2014

* Group will make further progress in 2014. Source text for Eikon: Further company coverage:

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