Why Spirax shares are down despite H1 beat

Shares in engineering group Spirax (LON:SPX) were down in early trading despite H1 results beating forecasts. Seemingly, investors decided to book profits after the stock’s strong run over the past month. H1 results beat forecasts For the six months to June, Spirax reported revenue of £864 million, beating the consensus forecast of £849 million. Growth … Continue reading Why Spirax shares are down despite H1 beat