Spirax-Sarco Engineering (SPX)

Sector:

Engineering

Index:

FTSE 100

10,950.00p
   
  • Change Today:
    190.00p
  • 52 Week High: 11,160.00
  • 52 Week Low: 7,330.00
  • Currency: UK Pounds
  • Shares Issued: 73.61m
  • Volume: 147,997
  • Market Cap: £8,060m
  • RiskGrade: 133

Dividend Data

  31-Dec-1931-Dec-1831-Dec-1731-Dec-1631-Dec-15
Interim Dividend32.00p29.00p25.50p22.50p20.80p
Final Dividend78.00p71.00p62.00p53.50p48.20p
Total Dividend110.00p100.00p87.50p76.00p20.80p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
Revenue 1,242.40 1,153.30 998.70 757.40 667.20
Operating Profit/(Loss) 245.00 299.10 198.90 174.10 142.80
Net Interest (8.40) (10.30) (6.40) (2.60) (1.50)
Profit Before Tax 236.80 288.80 192.50 171.40 139.70
Profit After Tax 167.00 223.40 157.90 121.30 96.70
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 167.00 223.40 157.90 121.30 96.70
Attributable to:          
Equity Holders of Parent Company 166.60 223.10 157.60 121.10 96.50
Minority Interests 0.40 0.30 0.30 0.20 0.20
           
Continuing EPS          
Earnings per Share - Basic 226.20p 303.10p 214.40p 165.00p 129.90p
Earnings per Share - Diluted 225.50p 302.00p 213.60p 164.50p 129.40p
Earnings per Share - Adjusted 265.70p 250.00p 220.50p 171.50p 142.60p
Continuing and Discontinued EPS          
Earnings per Share - Basic 226.20p 303.10p 214.40p 165.00p 129.90p
Earnings per Share - Diluted 225.50p 302.00p 213.60p 164.50p 129.40p
Earnings per Share - Adjusted 265.70p 250.00p 220.50p 171.50p 142.60p
           
Dividend per Share 110.00p 100.00p 87.50p 76.00p 69.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Assets          
Non-Current Assets          
Property, Plant & Equipment 292.00 230.80 227.50 201.80 169.90
Intangible Assets 721.60 645.20 631.30 169.70 108.90
Investment Properties n/a n/a n/a n/a n/a
Investments 0.20 n/a n/a n/a 0.10
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 41.70 47.50 42.50 42.40 38.50
  1,055.50 923.50 901.30 413.90 317.40
Current Assets          
Inventories 185.90 160.60 145.40 112.50 92.50
Trade & Other Receivables 240.70 245.10 237.50 185.50 152.10
Cash at Bank & in Hand 168.50 187.10 152.10 119.20 99.80
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 43.70 37.50 40.20 32.90 29.90
  638.80 630.30 575.20 450.10 374.30
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,694.30 1,553.80 1,476.50 864.00 691.70
           
Liabilities          
Current Liabilities          
Borrowings 45.60 57.60 69.80 33.60 14.30
Other Current Liabilities 205.00 195.70 176.90 128.60 105.40
  250.60 253.30 246.70 162.20 119.70
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 457.00 365.30 455.90 58.20 80.70
Provisions 85.20 80.50 76.50 23.50 18.90
Other Non-Current Liabilities 75.20 87.80 87.90 95.70 74.10
  617.40 533.60 620.30 177.40 173.70
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 868.00 786.90 867.00 339.60 293.40
           
Net Assets 826.30 766.90 609.50 524.40 398.30
           
Capital & Reserves          
Share Capital 19.80 19.80 19.80 19.80 19.70
Share Premium Account 81.00 77.80 75.10 72.70 69.70
Other Reserves (10.60) 22.20 19.30 44.60 (18.70)
Retained Earnings 735.10 646.00 494.20 386.30 326.80
Shareholders Funds 825.30 765.80 608.40 523.40 397.50
           
Minority Interests/Other Equity 1.00 1.10 1.10 1.00 0.80
Total Equity 826.30 766.90 609.50 524.40 398.30
Cash Flow 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Net Cash Flow From Operating Activities 227.40 212.60 159.40 157.90 130.30
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (175.40) 18.40 (375.90) (96.40) (14.70)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (57.50) (191.40) 242.40 (52.60) (134.30)
Net Increase/Decrease In Cash (5.50) 39.60 25.90 8.90 (18.70)
Ratios - based on IFRS 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
PE Ratio - Adjusted 33.5 25.0 25.5 24.4 23.0
PEG - Adjusted 5.6 1.9 0.9 1.2 11.5
Earnings per Share Growth - Adjusted 6% 13% 29% 20% 2%
Dividend Cover 2.42 2.50 2.52 2.26 2.07
Revenue per Share 1,687.76p 1,566.72p 1,356.70p 1,028.91p 906.37p
Pre-Tax Profit per Share 321.69p 392.33p 261.51p 232.84p 189.78p
Operating Margin 19.72% 25.93% 19.92% 22.99% 21.40%
Return on Capital Employed 35.41% 47.85% 34.27% 37.02% 35.01%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 33.5 25.0 25.5 24.4 23.0
PEG - Adjusted 5.6 1.9 0.9 1.2 11.5
Earnings per Share Growth - Adjusted 6% 13% 29% 20% 2%
Dividend Cover 2.42 2.50 2.52 2.26 2.07
           
Dividend Yield 1.2% 1.6% 1.6% 1.8% 2.1%
Dividend per Share Growth 10.00% 14.29% 15.13% 10.14% 6.98%
Operating Cash Flow per Share 308.92p 288.81p 216.54p 214.50p 177.01p
Cash Incr/Decr per Share (7.47p) 53.80p 35.18p 12.09p (25.40p)
Net Asset Value per Share (exc. Intangibles) 142.23p 165.33p (29.61p) 481.85p 393.14p
Net Gearing 40.48% 30.79% 61.41% -5.24% -1.21%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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