Spirax Group plc (SPXSF) Q2 2025 Earnings Call Transcript

2025-08-12 10:05:28 ET

Spirax Group plc (SPXSF)

Q2 2025 Earnings Conference Call

August 12 2025, 04:15 AM ET

Company Participants

Louisa Sachiko Burdett - CFO & Executive Director

Mal Patel - Corporate Participant

Nimesh Balvir Patel - Group CEO & Executive Director

Presentation

Nimesh Balvir Patel

Hello, and thank you for joining us for our presentation of Spirax Group's half year results. I'm Nimesh Patel, Group CEO, and I'm joined by Louisa Burdett, Group CFO. As this is an online presentation, please type your questions into the Q&A box on the webcast at any time, and we'll address as many as we can at the end.

I'll start by summarizing our performance in the first half. Against a challenging macroeconomic backdrop, we continue to deliver against our operational priorities by focusing on the controllables, driving group organic sales growth of 3% ahead of industrial production growth with adjusted operating profit growing 7% organically. Our group margin was 19.3%, 70 basis points ahead organically as we maintained pricing and cost discipline while also investing in future growth. The demand trends that I highlighted at the time of our full year results have continued. In particular, we're seeing strong demand growth in biopharm and semicon alongside modest IP growth and weakness in large project demand from China and Korea....

Read the full article on Seeking Alpha

For further details see: