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Spirax-Sarco Engineering profit rises on Asian demand
March 6, 2014 / 7:35 AM / in 4 years

Spirax-Sarco Engineering profit rises on Asian demand

March 6 (Reuters) - Spirax-Sarco Engineering Plc, a maker of steam control valves and pumps, reported a 12 percent rise in full-year pretax profit, helped by strong demand from the Asia-Pacific region.

Spirax-Sarco’s full-year adjusted pretax profit rose to 151.1 million pounds ($252.8 million) for the year ended Dec. 31 from 134.9 million pounds a year earlier.

Revenue rose 4 percent to 689.4 million pounds.

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