2020 Half Year Results
(WorldNews Environment)

2020 Half Year Results Released : 12/08/2020 07:00 RNS Number : 8401V Spirax-Sarco Engineering PLC 12 August 2020 News Release Wednesday 12th August 2020 2020 Half Year Results Resilient trading performance in Q2, full year expectations unchanged HIGHLIGHTS Six months ended 30th June Adjusted* 2020 2019 Reported Organic⁺ Revenue £569.7m £591.2m -4% -5% Adjusted operating profit* £119.0m £129.2m -8% -7% Adjusted operating profit margin* 20.9% 21.9% -100 bps -50 bps Adjusted profit before taxation* £114.5m £124.6m -8% Adjusted basic earnings per share* 111.6p 120.0p -7% Cash conversion** 86% 67% Statutory 2020 2019 Reported Revenue £569.7m £591.2m -4% Operating profit £110.8m £112.7m -2%...