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2024 Full Year Results

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"All three of our Businesses delivered organic sales growth and margins in line with our expectations.”

 

Nimesh Patel,

Group Chief Executive Officer

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Key financial highlights

  • £1,665.2m Revenue (Full Year 2024)

  • +4% Organic Revenue Growth (Full Year 2024)

  • £333.9m Adjusted operating profit (Full Year 2024)

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Results, Reports and Presentations

Access our back catalogue of Results Presentations, Annual Reports, Announcements and Investor Seminars, including our most recent 2024 Full Year Results materials.

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Regulatory News

Our latest Regulatory News, updated via a live feed from the London Stock Exchange.

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Solutions for a more efficient, safer and sustainable world

Spirax Group is positioned to play a critical role in enabling the industrial transition to net zero.

This is aligned to our Purpose, to create sustainable value for all our stakeholders, as we engineer a more efficient, safer and sustainable world.

We put solving customers' problems at the heart of our 'total solutions' approach. Our global thermal energy and fluid technology solutions improve the operating efficiency and safety of our customers’ critical industrial processes.

Our new-to-world decarbonisation* solutions will use our proprietary technologies to electrify boilers, for the raising of steam, as well as the electrification of other critical industrial process heating applications.

*Eliminates scope 1 and 2 greenhouse gas emissions when connected to a green electricity source.

Efficient, safer and sustainable

Our Group has evolved and grown over decades to become home to three world-leading Businesses that are focused on solving our customers' problems across their thermal energy and fluid technology processes.  

Our Businesses are united in their purpose to engineer a more efficient, safer and sustainable world through the work they do and the way in which they do it.  

Our approach

Providing total customer solutions is at the heart of our approach across Spirax Group and we are committed to achieving excellence in every aspect of our sales and manufacturing operations.

Watch this short animation to find out more about Spirax Group and how we are working together to evolve for tomorrow's world.

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Unlocking our potential

When all our colleagues can be themselves and achieve their full potential, we’re better able to create the more efficient, safer and sustainable world that we all aspire to have.

Our shared Values and Group Inclusion Commitments guide the behaviours of our colleagues around the world. They underpin our sustainable approach to the way we do business and work together every day, putting inclusion at the heart of Spirax Group.

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Creating a sustainable future for all

Our One Planet: Engineering with Purpose Sustainability Strategy helps us to operate responsibly, leveraging our expertise and influence to deliver solutions that address global sustainability challenges, including climate change and resource conservation, protecting biodiversity, enabling sustainable supply chains and tackling poverty, hunger and inequality.

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News and Opinion

  • A headshot of Maria Antoniou

    Maria Antoniou to join Board as Non-Executive Director

    We are pleased to announce the appointment of Maria Antoniou as an Independent Non-Executive Board Director and Chair of the Remuneration Committee, with effect from 1 June 2025.

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  • A professional portrait of Stuart Roby

    Stuart Roby joins Spirax Group as Managing Director, Watson-Marlow Fluid Technology Solutions

    We are pleased to announce that Stuart Roby has joined Spirax Group today (6 January 2025) as Managing Director of our Watson-Marlow Fluid Technology Solutions Business (Watson-Marlow) and as a member of the Group Executive Committee.

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  • Spirax Group 'highly commended' for our 2023 Annual Report

    Our 2023 Annual Report was ‘highly commended’ in the Best Printed Report FTSE100 category at Communicate Magazine’s Corporate & Financial Awards which took place on 12 November 2024.

    Read more
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Share Price Tools

Spirax Group has a strong track record of delivering sustainable value to shareholders through economic cycles. View a live feed from the London Stock Exchange as well as historical share price information for our Group.

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Annual Report

View our 2023 annual report

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