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Spirax rises after backing organic growth outlook

By Reuters News

** Shares of valve maker Spirax Group SPX.L up 2.4% at 7535p

** Stock among top gainers on FTSE 100 index .FTSE which is up 0.73%

** Says group organic sales growth & adj operating profit margin for ten months ended October 31 in line with expectations and ahead of the first half

** SPX continues to expect mid-single-digit organic growth in group rev & group adjusted operating profit margin higher than 2025 margin of 20%

** "Trading conditions appear supportive across most of the business," say Peel Hunt analysts in a note

** As of last close, stock up ~10.6% YTD

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