Spirax Group plc (SPXSF), a thermal energy and fluid technology solutions provider, on Wednesday reaffirmed its full-year 2026 outlook after reporting trading in line with expectations during the first four months of the year.
The company said it continues to expect mid-single-digit organic growth in group revenue for 2026, ahead of industrial production growth, along with an improvement in adjusted operating profit margin on an organic basis.
For the four-month period ended April 30, 2026, Spirax Group reported organic growth in line with expectations across all businesses, ahead of industrial production growth. Group revenue rose at a mid-single-digit rate on an organic basis, while adjusted operating profit margin improved organically compared with the same period last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.