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Spirax-Sarco Engineering PLC Fundamentals

Company NameSpirax-Sarco Engineering PLCLast Updated2024-04-19
IndustrySpecialty Industrial MachinerySectorIndustrials
Shares in Issue73.636 mMarket Cap£6.79 bn
PE Ratio36.88Dividend per Share£1.56
Dividend Yield1.69Dividend Cover1.60
EPS£2.49EPS Growth (%)-0.18
PEG6.43DPS Growth (%)0.1107
Debt Ratio0.4147Debt Equity Ratio0.8282
Asset Equity Ratio2.3395Cash Equity Ratio0.3107
Quick Ratio1.5551Current Ratio2.26
Price To Book Value5.8445ROCE0

Spirax-Sarco Engineering PLC Dividends

TypeEx-DatePay DateCurrencyNet DividendYear Total
Prelim2024-04-252024-05-24GBP1.1400
Interim2023-10-122023-11-10GBP0.4600
Prelim2023-04-202023-05-19GBP1.0950
Interim2022-10-132022-11-11GBP0.4250
Prelim2022-04-212022-05-20GBP0.9750
Interim2021-10-142021-11-12GBP0.3850
Prelim2021-04-222021-05-21GBP0.8450

Spirax-Sarco Engineering PLC Company Financials

Assets202320222021
Tangible Assets£513.50 m£451.70 m£340.30 m
Intangible Assets£1.13 bn£1.20 bn£666.90 m
Investments£3.00 m00
Total Fixed Assets£1.68 bn£1.73 bn£1.06 bn
Stocks£285.20 m£290.00 m£201.30 m
Debtors£346.30 m£395.20 m£298.10 m
Cash & Equivalents£359.70 m£328.90 m£274.60 m
Other Assets£37.80 m£76.10 m£52.30 m
Total Assets£2.71 bn£2.78 bn£1.86 bn
Liabilities202320222021
Creditors within 1 year£454.00 m£637.50 m£381.70 m
Creditors after 1 year£1.10 bn£977.60 m£471.50 m
Other Liabilities000
Total Liabilities£1.55 bn£1.62 bn£853.20 m
Net assets£1.16 bn£1.17 bn£1.01 bn
Equity202320222021
Called up share capital£19.80 m£19.80 m£19.80 m
Share Premium£90.10 m£88.10 m£86.30 m
Profit / Loss£244.50 m£308.10 m£314.50 m
Other Equity£1.16 bn£1.17 bn£1.01 bn
Preference & Minorities£800,000.00£800,000.00£1.00 m
Total Capital Employed£1.16 bn£1.17 bn£1.01 bn
Ratios202320222021
Debt Ratio£0.45£0.40£0.25
Debt-to-Equity£0.83£0.67£0.34
Assets / Equity2.33952.33952.3395
Cash / Equity0.31070.31070.3107
EPS£2.50£3.05£3.16
Cash Flow202320222021
Cash from operating activities£298.60 m£241.10 m£273.40 m
Cashflow before financing£79.40 m£587.80 m£60.10 m
Increase in Cash-£16.30 m£16.80 m£1.40 m
Income202320222021
Turnover£1.68 bn£1.61 bn£1.34 bn
Cost of sales£402.50 m£385.10 m£304.70 m
Gross Profit£1.28 bn£1.23 bn£1.04 bn
Operating Profit£284.40 m£318.80 m£320.90 m
Pre-Tax profit£244.50 m£308.10 m£314.50 m

Spirax-Sarco Engineering PLC Company Background

SectorIndustrials
ActivitiesSpirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
Latest Interim Date10 Aug 2023
Latest Fiscal Year End Date7 Mar 2024

Spirax-Sarco Engineering PLC Directors

AppointedNamePosition
2024-04-02Mr. Richard Dunnell Gillingwater, CBENon-Executive Director,Senior Independent Director
2014-03-24Mr. Mark E VernonExecutive Director,Chief Executive Officer
2019-12-27Mr. James Lawrence WhalenExecutive Director,Executive Director, WMFTG
2013-03-22Mr. William StebbingsCompany Secretary
2014-05-20Mr. Gareth Richard BullockNon-Executive Director
2011-08-09Mr. Alan Dennis Hollis BlackExecutive Director
2018-05-15Mr. William Henry WhiteleyNon-Executive Director,Chairman
2019-08-07Mr. Clive Graeme WatsonNon-Executive Director
2024-04-02Mr. Peter FranceNon-Executive Director
2017-03-27Mr. David John MeredithExecutive Director,Finance Director
2024-04-02Mr. James Robert Provan PikeNon-Executive Director,Chairman
2012-04-10Mr. Anthony John ScrivinExecutive Director
2024-04-02Mr. Kevin John ThompsonNon-Executive Director
2020-09-14Mr. Kevin James Boyd Executive Director,Finance Director
2021-04-09Mr. Neil Harvey DawsExecutive Director,Managing Director, Steam Specialties
2016-11-14Dr. Krishnamurthy RajagopalNon-Executive Director
2019-03-26Mr. Andrew John Robson General Counsel & Company Secretary
2011-10-19Mr. Michael GibbinExecutive Director
2024-04-02Ms. Constance BaroudelNon-Executive Director
2009-03-09Mr. Michael Townsend MA,FCANon-Executive Director,Chairman
2011-08-09Mr. Marcus John Dyne Steel ACIS,FCCAExecutive Director,Chief Executive
2011-08-09Mr. Peter Anthony Smith ACISExecutive Director,Company Secretary
2008-12-05Mr. Einar Lindh FCANon-Executive Director
2024-04-02Mr. Nicholas John AndersonExecutive Director,Chief Executive Officer
2023-01-31Ms. Olivia QiuNon-Executive Director
2022-04-05Dr. Geertrui Elizabeth Schoolenberg Non-Executive Director,Senior Independent Director
2024-04-02Ms. Jane Sara May Kingston Non-Executive Director
2024-04-02Ms. Caroline Johnstone Non-Executive Director
2024-04-10Ms. Angela N. ArchonNon-Executive Director
2024-03-26Mr. Nimesh Balvir PatelExecutive Director,Chief Executive Officer

Spirax-Sarco Engineering PLC Contact Details

Company NameSpirax-Sarco Engineering PLC
AddressCharlton House, Cirencester Road, Cheltenham, Gloucestershire, GL53 8ER
Telephone+44 1242521361
Websitehttps://www.spiraxsarcoengineering.com

Spirax-Sarco Engineering PLC Advisors

AuditorDeloitte LLP
Phone+44 2079363000
Fax+44 2075831198
SolicitorBaker & McKenzie LLP
Phone+44 2079191000
Fax+44 2079191999
BankHSBC Bank PLC
AuditorKPMG
Phone+44 2073111000
Fax+44 2073113311
Financial AdviserBank of America Merrill Lynch
Phone+44 2079952000
Fax+44 2079954525
Financial AdviserRothschild
Phone+44 2072805000
Remuneration ConsultantWillis Towers Watson
Phone+44 2071702000
Fax+44 2071702222
BankBarclays Bank PLC
Financial PR AdviserCitigate Dewe Rogerson
Phone+44 2076389571
RegistrarEquiniti Limited
StockbrokerBank of America Merrill Lynch
Phone+44 2076281000
Fax+44 2078672867