Spirax-Sarco Regulatory News (SPX)

12 May 2005 14:10

Spirax-Sarco Engineering PLC12 May 2005 Spirax-Sarco Engineering plc Charlton House Cheltenham Glos. GL53 8ER News Release Telephone: 01242 521361 Fax: 01242 581470 www.SpiraxSarcoEngineering.com 12th May 2005 SPIRAX-SARCO ENGINEERING PLC AGM STATEMENT The Chairman, Tim Fortune, at today's AGM of Spirax-Sarco Engineering plc, said: "You have all been sent a copy of the annual report and accounts which includesa detailed statement on the performance for the year ended 31st December 2004.It also outlines the reasons for our good performance, the intrinsic strengthsof the business and why we are confident about the long term future of theGroup. As far as 2005 is concerned, I have nothing to add to the "Prospects" paragraphincluded in my statement which was written relatively recently in March. Youmay remember that I concluded by saying: "the 2005 world economic outlookappears positive, although there are few signs of any significant improvementsin Continental Europe or the UK. The Asian economies remain strong; theAmericas have also started well in 2005 but there must be doubts aboutsustainability. Given the underlying strengths of the Group's business and itsglobal coverage, and assuming no economic shocks or major adverse exchangemovements, we expect further growth in 2005." -Ends- Enquiries: David Meredith, Director- FinanceSpirax-Sarco Engineering plcTel: 01242 521 361 Toby Mountford / Seb HoyleCitigate Dewe RogersonTel: 020 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange