Spirax-Sarco Regulatory News (SPX)

17 May 2007 15:07

Spirax-Sarco Engineering PLC17 May 2007 17th May 2007 SPIRAX-SARCO ENGINEERING PLC AGM STATEMENT The Chairman, Mike Townsend, at today's AGM of Spirax-Sarco Engineering plc,which provides knowledge, service and products, including peristaltic pumps,worldwide for the control and efficient use of steam and other industrialfluids, 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 2006.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 2007 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 said "We are currently faced with the continuing strength ofsterling and, therefore, a likely adverse effect on the 2007 results,particularly in comparison with the first half of 2006. However, in most marketstrading conditions remain firm and the year has started well, which, with theGroup's fundamental strengths, should enable us to make further progress in2007." " -Ends- Enquiries: Marcus Steel, Chief ExecutiveorDavid Meredith, Director-FinanceSpirax-Sarco Engineering plcTel: 01242 521 361 Toby Mountford / Justin GriffithsCitigate Dewe RogersonTel: 020 7638 9571 This information is provided by RNS The company news service from the London Stock Exchange