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Steam Expert Steams Through the Pandemic Storm and Engineers a Rosy Future

By Malcolm Stacey | Thursday 11 March 2021

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Hello Shares Tasters. Kicking off its preliminary report on progress, one of my favourite companies boasts: ‘Resilient performance in 2020; well-placed for 2021’. And after the dangerous 12 months we’ve just been through, that’s a pretty encouraging opening line. Spirax-Sarco (SPX) is a heavy industrial giant specialising in steam engines. Now that might seem a little old fashioned, but this is a British company at the forefront of heavy engineering. It also does electrical stuff.

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