7,300.00p
-0.68%
Close of 6 Nov 2026, in pence
About Spirax Group
Its shares trade on LSE under the ticker SPX.L. It has been listed since 2 January 1986. It is a member of the FTSE 100. In the fiscal year to 31 December 2025, it reported revenue of £1.70bn and net income of £163.4m. At that date it held total assets of £2.66bn and shareholders' equity of £1.22bn.
Spirax-Sarco Engineering Plc provides industrial and commercial steam systems, electrical thermal energy solutions and niche peristaltic pumps and associated fluid path technologies. The company is headquartered in Cheltenham, Gloucestershire. The firm's segments include Europe, Middle East & Africa; Asia Pacific; Americas; Steam specialties business; Chromalox, and Watson-Marlow Fluid Technology Group (Watson-Marlow). The firm's businesses include Spirax Sarco and Watson-Marlow. Spirax Sarco supplies engineered solutions for the design, maintenance and provision of industrial and commercial steam systems. The Spirax Sarco steam specialties business also offers new steam systems, steam system audits, engineered solutions, training, and maintenance, repair and operations. Watson-Marlow designs and manufactures peristaltic pumps and associated fluid path technologies.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 2 Jan 1986
- Employees
- 7,833
- Website
- spiraxsarcoengineering.com ↗
Leadership
Pay as last reported
- Mr. Tim CobboldNon-Executive Chairman of the Board£23.0m
- Mr. Nimesh PatelGroup Chief Executive Officer, Executive Director, since 2020£1.3m
- Ms. Louisa BurdettGroup Chief Financial Officer, Executive Director, since 2024£442,000
- Ms. Celine BarrocheGroup General Counsel, Company Secretary
- Mr. Andrew MinesManaging Director - Electric Thermal Solutions
- Mr. Maurizio PreziosaManaging Director - Steam Thermal Solutions
- Mr. Stuart RobyManaging Director - Watson-Marlow Fluid Technology Solutions
- James DevineGroup Human Resources Director
- Ms. Sarah PeersGroup Sustainability Director
- Ms. Maria WilsonGroup Digital Director
- Ms. Maria AntoniouNon-Executive Independent Director
- Ms. Angela ArchonIndependent Non-Executive Director£70.1m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 65
- Environment
- 75
- Social
- 58
- Governance
- 62
- Direct emissions (scope 1)
- 17,405 t
- Energy emissions (scope 2)
- 21,675 t
- Value chain emissions (scope 3)
- 27,300,000 t
- Women in the workforce
- 26%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Spirax-Sarco Engineering PLC has a strong global presence and operates in over 130 countries, allowing it to tap into diverse markets and customer base.
- The company has a solid reputation for providing high-quality and reliable steam system solutions, which has helped it build a loyal customer base over the years.
- Spirax-Sarco Engineering PLC has a diverse product portfolio, offering a wide range of steam-related products and services, which gives it a competitive advantage in the market.
Weaknesses
- The company heavily relies on the industrial sector, particularly the energy and chemical industries, which creates vulnerability to fluctuations in these markets.
- Spirax-Sarco Engineering PLC's heavy dependence on steam systems also exposes it to the risk of technological advancements and alternative energy sources that could potentially disrupt its business model.
Opportunities
- The increasing emphasis on energy efficiency and sustainable practices presents an opportunity for Spirax-Sarco Engineering PLC to offer innovative solutions that help customers reduce their environmental footprint.
- The growing demand for steam system solutions in emerging markets provides an opportunity for the company to expand its customer base and tap into new revenue streams.
Threats
- Intense competition in the steam system industry poses a threat to Spirax-Sarco Engineering PLC's market share and profitability.
- The potential impacts of economic downturns or global recessions could negatively affect the company's sales and profitability.
- Spirax-Sarco Engineering PLC is subject to various regulatory and compliance requirements, which may increase operational costs and pose legal risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.