Spirax-Sarco Engineering plc (SPX.L)
Spirax-Sarco Engineering plc operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Cheltenham, GO, GB. The stock last traded at $7215.00, down 0.14% on the session, giving a market capitalisation of $5.32B. Its beta of 1.14 implies it has historically moved more than the broad market.
Spirax-Sarco Engineering plc, founded in 1888 and headquartered in Cheltenham, UK, delivers sophisticated engineered solutions across several core technological domains. The company specializes in comprehensive industrial and commercial steam systems, offering products and solutions for condensate management, process control, and thermal energy optimization, which are crucial for diverse applications like heating, curing, cleaning, sterilization, hot water generation, space heating, and humidification. Additionally, Spirax-Sarco provides electrical process heating and temperature management solutions, encompassing industrial heaters, advanced heat tracing systems, and various component technologies tailored for industrial processes. Its expertise also extends to fluid path technologies, featuring peristaltic and niche pumps, associated tubing, and specialized filling systems, particularly for single-use applications. Spirax-Sarco serves a broad spectrum of industries, including food and beverage, pharmaceuticals and biotechnology, oil and gas, chemicals, healthcare, power generation, commercial buildings, mining, water and wastewater treatment, and pulp and paper, alongside original equipment manufacturers. The company distributes its offerings both directly and through a network of partners, maintaining a significant global footprint across Europe, the Middle East, Africa, the Asia Pacific region, and the Americas.
Spirax-Sarco Engineering plc is most often compared with the following Industrials names: