Craft

Spirax Group

Stock Price

£67

2024-10-29

Market Capitalization

£5 B

2024-10-29

Revenue

£1.7 B

FY, 2024

Spirax Group Summary

Company Summary

Overview
Spirax Group (formerly known as Spirax-Sarco Engineering) is an industrial engineering company that provides thermal energy and fluid technology solutions. It operates through three segments: Steam Thermal Solutions (STS), Electric Thermal Solutions (ETS), and Watson-Marlow Fluid Technology Solutions (WMFTS). The STS segment offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions. The ETS segment creates electrical process heating and temperature management solutions, including industrial heaters and systems, heat tracing, and a range of component technologies. The WMFTS segment provides peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, specialty filling systems, and products for single-use applications. Spirax Group serves food and beverage, pharmaceutical and biotechnology, power generation, OEM machinery, healthcare, and other industries.
Type
Public
Status
Active
Founded
1888
HQ
Charlton Kings, GB | view all locations
Website
https://www.spiraxgroup.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Nimesh Patel

    Nimesh Patel, Group Chief Executive Officer

  • Jim Devine
  • Andrew Mines

    Andrew Mines, Managing Director, Electric Thermal Solutions

  • Maurizio Preziosa

    Maurizio Preziosa, Managing Director, Steam Thermal Solutions

Operating MetricsView all

Product Lines

1.7K

FY, 2022

Paying Customers

110K

FY, 2022

Operating Units

146
9.8%

FY, 2022

LocationsView all

46 locations detected

  • Charlton Kings, England HQ

    United Kingdom

    Charlton House, Cirencester Road

  • Blythewood, SC

    United States

    1150 Northpoint Blvd

  • Wilmington, DE

    United States

    1209 Orange St

  • Buenos Aires, CABA

    Argentina

    Torre Prourban, Av. del Libertador 498 12th Floor

  • Blacktown, NSW

    Australia

    14 Forge St

  • Merelbeke, Vlaams Gewest

    Belgium

    Industriepark

and 40 others

Spirax Group Financials

Summary Financials

Revenue (FY, 2024)
£1.7B
Gross profit (FY, 2024)
£1.3B
Net income (FY, 2024)
£191.4M
Cash (FY, 2024)
£334.2M
EBIT (FY, 2024)
£307.5M
Enterprise value
$5.7B

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