SPXSY - Spirax-Sarco: Great Company Overpriced Shares
Spirax-Sarco Engineering plc ([[SPXSF]], [[SPXSY]]) is a British-based engineering specialist which has a solid revenue history and an excellent dividend record. However, I believe that these considerations are already fully baked into its share price and would wait for a fall before considering investing.
Spirax-Sarco is a Well-Run Engineering Group with a Strong Business Model
The company is a multinational industrial engineering group focused on steam control and management, electric thermal solutions, peristaltic pumping and associated fluid path technologies.
Source: company 2019 annual report
Source: company 2019 annual report
The company's strength, I feel, is