The Spirax Group Plc Board has declared an Interim dividend of 48.9 pence (H1 2024: 47.5 pence) per ordinary share, an increase of 3%, supporting the delivery of consistent shareholder value. The dividend will be paid on 14 November 2025 to shareholders on the register at the close of business on 17 October 2025.
Other financial highlights include:
●Group revenue up 3% organically and ahead of global IP2 of 2.5% (IP excluding China: 1.7%)
●STS3 sales in line with H1 2024 organically and up 3% excluding large projects in China and Korea
●ETS3 sales up 10% organically driven by further operational progress and improved Semicon5 demand
●WMFTS3 sales up 2% organically; over 10% Biopharm5 orders growth to drive higher H2 sales growth
●Group adjusted operating profit up 7% organically; margin of 19.3% up 70bps organically
●Statutory profit and margin of 13.0% impacted by one-off restructuring costs and currency headwinds
●Currency headwinds to revenue (3%) and adjusted operating profit (7%), as expected
●Improved adjusted cash conversion of 61% reflects capital discipline and working capital efficiency
