Spirax Group PLC (SPXSF), a manufacturer of steam management systems and peristaltic pumps, Wednesday said it continues to expect revenue growth for the full year to be consistent with that achieved in 2024.
The company also expects revenue growth to be higher in the second half of the year.
Looking ahead, Spirax said in a statement, "We maintain our outlook for 2025 while recognising that the evolving broader macroeconomic impact of tariffs remains uncertain. Our local manufacturing mitigates the direct exposure of tariffs and we expect to manage the financial impacts through surcharges, pricing and limited reorganisation of manufacturing activity."
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.