August 9, 2017 / 6:19 AM / 2 years ago

Valve maker Spirax-Sarco H1 revenue rises 25 pct

Aug 9 (Reuters) - Spirax-Sarco Engineering Plc reported a 25 pct rise in first-half revenue, helped by acquisitions, a weak sterling and strength in its operations outside the UK.

Spirax-Sarco, which makes steam traps and pumps for industries such as food and beverages, healthcare, chemicals and power, said revenue rose to 428.6 million pounds ($556.7 million) in the six months ended June 30, from 344 million pounds a year earlier.

The company said adjusted profit before tax rose 30 percent to 99.2 million pounds in the period. ($1 = 0.7699 pounds) (Reporting by Justin George Varghese in Bengaluru; Editing by Amrutha Gayathri)

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