Spirax-Sarco H1 Pre-tax Profit Down 2%, Affirms FY Adj. Operating Profit Outlook

Industrial engineering group, Spirax-Sarco Engineering plc (SPX.L) reported Wednesday that its first-half profit before taxation declined 2 percent to 106.3 million pounds from last year's 108.1 million pounds. However, basic earnings per share rose 2 percent to 104.2 pence from 102.4 pence a year ago.

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