Spirax Group PLC
SPX: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|B>X | LOCK|!rc | LOCK|nVL@y^# |
Spirax: Guidance Maintained, but Currency Headwinds Overshadow a 2025 Turnaround; Shares Undervalued
Spirax kept its full-year guidance unchanged during a brief first-quarter trading update. However, foreign currency movements are expected to provide a 3% headwind on revenue and 6% on operating profit. Shares are trading 7% lower intraday on May 14.
