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Spirax-Sarco increases its 2018 interim dividend by 14%

Investment Tools Ltd.
Spirax-Sarco increases its 2018 interim dividend by 14%

Spirax-Sarco 2018 interim results

Revenue growth of 28%, organic growth of 7%

Adjusted operating margin of 23.0%

Good organic growth in both Steam Specialties and Watson-Marlow

Gestra and Chromalox performing to plan; adding 24% to sales, 16% to profit

Net debt of £373.0 million, 1.3x EBITDA

Interim dividend increased by 14%

Companies mentioned

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