- Spirax’s adjusted pretax profit for the fiscal year was £288.2 million, a decrease of 6.8% compared to the previous year, but it met the estimate of £287 million.
- The final dividend per share increased to 117.5p, up from 114.0p in the previous year.
- Revenue matched expectations at £1.67 billion, representing a 1% decline year-over-year.
- Organic revenue saw a growth of 4%, surpassing the estimate of 3.22%.
- Adjusted operating profit was £333.9 million, down 4.4% year-over-year, but exceeded the estimate of £326 million.
- Adjusted earnings per share were 286.3p, slightly below the previous year’s 312.4p, but aligned with the estimate of 286.0p.
- A 2025 restructuring is set to generate annualised benefits of approximately £35 million, aimed at investing in organic growth.
- Organic growth in 2025 is expected to be consistent with 2024, significantly outpacing industrial production, with anticipated margin improvements.
- The investment community’s sentiment includes 8 buy ratings, 10 hold ratings, and 4 sell ratings for the company.
A look at Spirax-Sarco Engineering Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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
Spirax-Sarco Engineering plc, a global leader in steam and industrial fluid management, is positioned with a moderate overall outlook as per Smartkarma Smart Scores. While the company scores well in areas of dividend and growth potential, it falls behind in terms of value and resilience. With a focus on providing consultation, services, and products for efficient steam control, Spirax-Sarco serves a critical role in various industries worldwide.
With a balanced momentum score of 3, Spirax-Sarco Engineering continues to navigate the market with steady growth prospects. However, the company may face challenges in terms of value and resilience, scoring 2 in both categories. Despite this, Spirax-Sarco’s strong presence in global markets and diverse product offerings position it as a key player in the steam and industrial fluid management sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
