SPIRAX GROUP PLC financials
SPIRAX GROUP PLC
Country: GB Reporting currency: GBP Latest annual report: 2025-12-31
LEI:
213800WFVZQMHOZP2W17 Financial statements
(GBP, as reported — unscaled; 115 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | £1.70B | £1.67B |
| Operating expenses | £1.44B | £1.36B |
| Operating profit (EBIT) | £265.4M | £304.6M |
| Net finance income / (cost) | -£38.3M | -£43.7M |
| Finance costs | £47.0M | £56.7M |
| Profit before tax | £226.5M | £258.9M |
| Income tax expense | £62.9M | £67.5M |
| Profit for the year | £163.6M | £191.4M |
| — attributable to owners | £163.4M | £191.2M |
| — attributable to NCI | £200.0K | £200.0K |
| Total comprehensive income | £130.8M | £165.9M |
| Per share | ||
| Basic EPS | £2.22 | £2.60 |
| Diluted EPS | £2.21 | £2.59 |
| Free cash flow / share | £3.36 | £3.23 |
| Cash flow statement | ||
| Cash generated from operations | £362.1M | £389.3M |
| Net cash from operating activities | £296.2M | £312.8M |
| Net cash from investing activities | -£66.6M | -£65.3M |
| Purchase of PP&E (capex) | £47.8M | £74.3M |
| Purchase of intangibles | £16.0M | £14.6M |
| Net cash from financing activities | -£223.3M | -£215.0M |
| Dividends paid | £122.8M | £119.3M |
| Proceeds from borrowings | £0 | £76.8M |
| Repayments of borrowings | £37.5M | £103.0M |
| Lease liability payments | £18.0M | £16.6M |
| Net change in cash | £6.3M | £32.5M |
| Balance sheet | ||
| Total assets | £2.66B | £2.65B |
| Non-current assets | £1.61B | £1.66B |
| Property, plant & equipment | £425.8M | £433.1M |
| Right-of-use assets | £89.8M | £95.6M |
| Intangible assets & goodwill | £663.3M | £669.7M |
| Current assets | £1.05B | £986.9M |
| Inventories | £252.4M | £253.2M |
| Cash & equivalents | £369.0M | £334.2M |
| Total equity | £1.22B | £1.21B |
| — attributable to owners | £1.22B | £1.21B |
| Non-controlling interests | £200.0K | £400.0K |
| Non-current liabilities | £873.2M | £902.7M |
| Long-term borrowings | £697.2M | £706.2M |
| Lease liabilities (non-current) | £73.1M | £77.9M |
| Current liabilities | £565.6M | £533.1M |
| Current portion of long-term borrowings | £107.2M | £123.9M |
| Lease liabilities (current) | £17.1M | £17.2M |
| Trade & other payables | £268.9M | £263.0M |
| Deferred tax liabilities | £59.6M | £63.6M |
| Derived metrics | ||
| Free cash flow | £248.4M | £238.5M |
| Operating margin | 15.6% | 18.3% |
| Net margin | 9.6% | 11.5% |
| Return on equity | 13.4% | 15.8% |
| Cash conversion ratio | 1.81× | 1.63× |
| Capex coverage | 6.20× | 4.21× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -£6.1M | £21.9M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -£26.0M | -£34.5M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | £102.2M | £103.7M |
| Adjustments For Finance Costs | £38.3M | £43.7M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | £0 | £3.2M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -£7.1M | -£6.4M |
| Adjustments For Increase Decrease In Trade and Other Payables | £13.4M | £16.1M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -£1.1M | -£3.8M |
| Adjustments For Provisions | £100.0K | -£2.5M |
| Adjustments For Sharebased Payments | £6.4M | £3.1M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -£600.0K | -£2.0M |
| Bank Overdrafts Classified As Cash Equivalents | £129.3M | £100.3M |
| Borrowings | £804.4M | £830.1M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | £239.7M | £233.9M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | £0 | £5.6M |
| Cash Flows From Used In Operations Before Changes In Working Capital | £380.7M | £388.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | £200.0K | £200.0K |
| Comprehensive Income Attributable To Owners of Parent | £130.6M | £165.7M |
| Current Assets Liabilities | £482.0M | £453.8M |
| Current Tax Assets Current | £13.1M | £10.6M |
| Current Tax Liabilities Current | £30.2M | £23.3M |
| Deferred Tax Assets | £32.8M | £34.2M |
| Dividends Paid Ordinary Shares Per Share | £0.00 | £1.61 |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | £125.2M | £121.6M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | £1.21 | £1.18 |
| Dividends Recognised As Distributions To Owners Per Share | £0.00 | £1.65 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -£500.0K | -£11.4M |
| Equity and Liabilities | £2.66B | £2.65B |
| Finance Income | £8.7M | £13.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | £2.3M | £1.1M |
| Income Taxes Paid Refund Classified As Operating Activities | £65.9M | £76.5M |
| Increase Decrease Through Sharebased Payment Transactions | — | -£3.9M |
| Intangible Assets Other Than Goodwill | £396.1M | £420.4M |
| Interest Paid Classified As Financing Activities | £45.3M | £54.8M |
| Interest Received Classified As Investing Activities | £8.7M | £13.0M |
| Investment Accounted For Using Equity Method | £3.3M | £3.3M |
| Issue of Equity | £400.0K | £1.9M |
| Issued Capital | £19.9M | £19.8M |
| Lease Liabilities | £90.2M | £95.1M |
| Liabilities | £1.44B | £1.44B |
| Net Assets Liabilities | £1.22B | £1.21B |
| Net Debt | £564.7M | £596.2M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | £3.1M | £0 |
| Noncurrent Prepayments | £2.4M | £1.8M |
| Noncurrent Recognised Liabilities Defined Benefit Plan | £30.0M | £42.5M |
| Other Comprehensive Income | -£32.8M | -£25.5M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | £7.6M | £3.6M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | £2.5M | -£2.3M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -£40.6M | -£25.7M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -£38.1M | -£28.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | £5.3M | £2.5M |
| Other Current Assets | £86.8M | £75.1M |
| Other Longterm Provisions | £8.2M | £6.3M |
| Other Noncurrent Payables | £5.1M | £6.2M |
| Other Reserves | -£200.0K | -£7.5M |
| Other Shortterm Provisions | £12.9M | £5.4M |
| Payments For Development Project Expenditure | £4.2M | £3.9M |
| Proceeds From Issuing Shares | £300.0K | £1.9M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | £3.3M | £9.2M |
| Purchase of Treasury Shares | £100.0K | £800.0K |
| Reserve of Exchange Differences On Translation | -£126.7M | -£86.1M |
| Retained Earnings | £1.24B | £1.19B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | -£600.0K | -£2.0M |
| Share Premium | £92.3M | £92.0M |
| Trade Receivables | £323.2M | £313.8M |
Methodology
Every line item above is a fact tagged in SPIRAX GROUP PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (GBP), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.