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Spirax Group Maintains Full-Year Outlook

LONDON (dpa-AFX) - Spirax Group plc (SPX.L), an industrial engineering company, on Wednesday said sales and margin growth in the first ten months of the year support its confidence in meeting full-year guidance.The group continues to expect mid-single-digit organic revenue growth and an adjusted op…

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07:56:51 AM UTC
SquawkNews
Spirax Group needs more than a cyclical improvement, RBC Capital Markets analyst Mark Fielding writes in a note. The British steam-system engineering group said that organic sales growth and adjusted operating profit margin for the ten months ended Oct. 31 were in line with expectations, and mainta…

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