Spirax Group PLC

SPX: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Spirax: Organic Sales and Margin Growth Accelerates From H1; Shares Undervalued

Matthew Donen

Nov 11, 2026

Spirax confirmed its full-year guidance in a trading update for the four months ending October. Accelerating sales growth since the first half of the year has been broad-based across operating segments. Shares are trading 4% higher intraday.

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Spirax Group PLC

Spirax: Organic Sales and Margin Growth Accelerates From H1; Shares Undervalued

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