Spirax-Sarco reported Q4 2024 revenue of £1.67 billion, a slight decrease from the previous year. Adjusted operating profit stood at £333.9 million, with an adjusted operating margin of 20.1%. Organic growth remained strong across all business segments, particularly in ETS and WMFTS. The company also improved cash conversion, reduced leverage, and took strategic restructuring actions to simplify operations and enhance efficiency.