United Kingdom

Spirax-Sarco Engineering PLC (SPX.L)

SPX.L on London Stock Exchange

23 Mar 2018
Change (% chg)

-35.00 (-0.61%)
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Latest Key Developments (Source: Significant Developments)

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

Spirax-Sarco buys Brazilian valve manufacturer's assets for 3.9 mln stg
Tuesday, 9 Aug 2016 

Spirax-sarco Engineering Plc :Spirax Sarco acquires assets of Brazilian valve manufacturer for 3.9 mln stg.  Full Article

Spirax-Sarco Engineering expects to make progress in 2016
Tuesday, 10 May 2016 

Spirax-sarco Engineering Plc : Global industrial production growth. has remained at a very low level of around zero growth, . Total organic sales growth in four months ended 30 th april 2016 was in line with full year 2015 . Overall, currency movements have turned positive, increasing sales on translation in first four months by less than 1% versus average exchange rates in first half of 2015 . Group operating profit was ahead of comparable four-month period at constant currency .Provided there is no material deterioration in trading conditions, board expects to make progress in 2016..  Full Article


Positive earnings give European shares a boost but SocGen weighs

LONDON/MILAN European shares rose on Thursday, buoyed by good results from companies including insurance heavyweights Munich Re and Generali , while Societe Generale fell after its deputy CEO unexpectedly resigned.