Spirax Sarco Engineering (GB:SPX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Spirax Group PLC, a leader in thermal energy and fluid technology solutions, has conducted an exclusive Capital Markets Event at J.P. Morgan in London, focusing on education without revealing new material information. The company’s full-year forecast anticipates a mid-single digit organic revenue growth and an adjusted operating profit margin consistent with last year’s figure of around 20%, adjusted for currency fluctuations. Sterling’s recent strength is expected to create a slightly higher headwind for sales and profits than previously predicted.
For further insights into GB:SPX stock, check out TipRanks’ Stock Analysis page.
