- Spirax’s adjusted operating profit for the first half is GBP158.8 million, beating the estimate of GBP149.6 million.
- Revenue for the period was GBP822.2 million, slightly below the estimate of GBP823 million.
- The interim dividend per share is set at 48.9p.
- The company has aligned its first half results with expectations, crediting the performance to its robust direct sales Business Model despite a challenging macroeconomic environment.
- Industrial production (IP) forecasts have been revised downward for the rest of the year.
- The company’s full-year guidance remains unchanged, benefiting from strong order books, rising demand from key end markets, and consistent operational execution.
- Market analyst consensus shows 10 “buy” ratings, 7 “hold” ratings, and 3 “sell” ratings for the company’s stock.
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A look at Spirax-Sarco Engineering Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investors looking at Spirax-Sarco Engineering for the long term can find encouragement in the company’s overall outlook scores. With a solid Dividend score of 3, investors can expect a moderate level of dividend payments. Spirax-Sarco also shows promising scores in Growth, Resilience, and Momentum, all at a level of 3. This indicates a consistent performance in terms of growth potential, ability to weather market challenges, and a steady upward momentum in the market.
Spirax-Sarco Engineering plc, known for its expertise in steam and industrial fluid management, offers a range of products and services globally. Its diverse portfolio includes boiler controls, pressure controls, steam traps, safety valves, and more. These Smart Scores suggest that while Spirax-Sarco may not be a top performer in terms of value currently, it presents a reliable option for investors seeking a company with stable dividends and growth prospects in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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