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Spirax-Sarco Engineering plc (SPX.L)

LSE - LSE Delayed price. Currency in GBp
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10,685.00+100.00 (+0.94%)
At close: 4:35PM BST

Spirax-Sarco Engineering plc

Charlton House
Cirencester Road
Cheltenham GL53 8ER
United Kingdom
44 12 4252 1361
http://www.spiraxsarcoengineering.com

Sector(s)Industrials
IndustrySpecialty Industrial Machinery
Full-time employees7,800

Key executives

NameTitlePayExercisedYear born
Mr. Nicholas J. AndersonGroup Chief Exec. & Exec. Director1.48MN/A1961
Mr. Neil Harvey DawsMD of Steam Specialties Bus. & Exec. Director829.25kN/A1962
Mr. Kevin James BoydExec. Director814.19kN/A1965
Mr. Nimesh PatelCFO & Exec. DirectorN/AN/AN/A
Mr. Andy J. Robson LLB Law, BarristerGen. Counsel & Company Sec.N/AN/A1963
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Spirax-Sarco Engineering plc provides engineered solutions for the users of industrial and commercial steam systems, electrical heating and temperature management systems, and pumps and fluid path technologies. It offers industrial and commercial steam systems, including condensate management, controls, and thermal energy management products and solutions for heating and curing, cleaning and sterilizing, hot water generation, space heating, and humidification; electrical process heating and temperature management solutions, such as industrial heaters and systems, heat tracing, and various component technologies; and peristaltic and niche pumps and associated fluid path technologies, including pumps, tubing, and specialty filling systems and products for single-use applications. The company serves food, beverage, pharmaceutical and biotechnology, oil, gas, chemical, healthcare, power generation, mining, precious metal processing, water and wastewater, pulp and paper, rubber and plastic, semiconductor, and other sectors; and original equipment manufacturers. Its products are also used to provide space heating, humidification, and hot water in public and private buildings. The company sells its products directly, as well as through distributors. It operates in Europe, the Middle East, and Africa; the Asia Pacific; and the Americas. Spirax-Sarco Engineering plc was founded in 1888 and is headquartered in Cheltenham, the United Kingdom.

Corporate governance

Spirax-Sarco Engineering plc’s ISS governance QualityScore as of 9 December 2019 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.