Spirax Group plc

DB:1LN Stock Report

Market Cap: €5.8b

Spirax Group Management

Management criteria checks 3/4

Spirax Group's CEO is Nimesh Patel, appointed in Jan 2024, has a tenure of 2.67 years. total yearly compensation is £1.67M, comprised of 45.7% salary and 54.3% bonuses, including company stock and options. directly owns 0.038% of the company’s shares, worth €2.22M. The average tenure of the management team and the board of directors is 4.2 years and 4.3 years respectively.

Key information

Nimesh Patel

Chief executive officer

UK£1.7m

Total compensation

CEO salary percentage45.69%
CEO tenure2.7yrs
CEO ownership0.04%
Management average tenure4.2yrs
Board average tenure4.3yrs

Recent management updates

No updates

Recent updates

CEO Compensation Analysis

How has Nimesh Patel's remuneration changed compared to Spirax Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

UK£198m

Mar 31 2026n/an/a

UK£181m

Dec 31 2025UK£2mUK£763k

UK£163m

Sep 30 2025n/an/a

UK£163m

Jun 30 2025n/an/a

UK£163m

Mar 31 2025n/an/a

UK£177m

Dec 31 2024UK£1mUK£711k

UK£191m

Sep 30 2024n/an/a

UK£192m

Jun 30 2024n/an/a

UK£192m

Mar 31 2024n/an/a

UK£188m

Dec 31 2023UK£795kUK£529k

UK£184m

Sep 30 2023n/an/a

UK£197m

Jun 30 2023n/an/a

UK£211m

Mar 31 2023n/an/a

UK£218m

Dec 31 2022UK£2mUK£503k

UK£225m

Sep 30 2022n/an/a

UK£224m

Jun 30 2022n/an/a

UK£223m

Mar 31 2022n/an/a

UK£229m

Dec 31 2021UK£3mUK£490k

UK£235m

Sep 30 2021n/an/a

UK£220m

Jun 30 2021n/an/a

UK£206m

Mar 31 2021n/an/a

UK£190m

Dec 31 2020UK£2mUK£209k

UK£174m

Compensation vs Market: Nimesh's total compensation ($USD2.25M) is about average for companies of similar size in the German market ($USD2.70M).

Compensation vs Earnings: Nimesh's compensation has increased by more than 20% in the past year.

CEO

Nimesh Patel (49 yo)

2.7yrs
Tenure
UK£1,670,000
Compensation

Mr. Nimesh Balvir Patel, B.sc., served as Chief Financial Officer of Spirax Group plc (formerly known as Spirax-Sarco Engineering plc) since September 11, 2020 until January 16, 2024 and serves as its Exec...

Leadership Team

NamePositionTenureCompensationOwnership
Nimesh Patel
Group CEO & Executive Director2.7yrsUK£1.67m0.038%
€ 2.2m
Louisa Burdett
CFO & Executive Director2.2yrsUK£1.33m0.0024%
€ 143.2k
Celine Arlette Barroche
Group General Counsel & Company Secretary2yrsno datano data
Jim Devine
Group Human Resources Director10.6yrsno datano data
Andrew Mines
Managing Director of Electric Thermal Solutions6.7yrsno datano data
Maurizio Preziosa
Managing Director of Steam Thermal Solutions5.7yrsno datano data
Jennifer Forrester
Head of Employee Experienceno datano datano data
Darren Towers
Head of Inclusion5.8yrsno datano data
Stuart Roby
Managing Director of Watson-Marlow Fluid Technology Solutions1.7yrsno datano data
Carmen van Rensburg
Head of Internal Auditno datano datano data
Charles Song
President & GM of Spirax Sarco Engineering(China) Ltdno datano datano data
John Senior
Group Financial Controllerno datano datano data
4.2yrs
Average Tenure
53.5yo
Average Age

Experienced Management: 1LN's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Nimesh Patel
Group CEO & Executive Director6yrsUK£1.67m0.038%
€ 2.2m
Louisa Burdett
CFO & Executive Director2.2yrsUK£1.33m0.0024%
€ 143.2k
Richard Gillingwater
Senior Independent Director5.5yrsUK£92.00k0.00081%
€ 47.4k
Peter France
Independent Non-Executive Director8.5yrsUK£72.00k0.0013%
€ 77.8k
Timothy Cobbold
Non-Executive Chair2yrsUK£400.00kno data
Constance Baroudel
Independent Non-Executive Director3.1yrsUK£72.00k0.00041%
€ 24.0k
Maria Antoniou
Independent Non-Executive Director1.3yrsUK£53.00k0.00069%
€ 40.3k
Caroline Johnstone
Independent Non-Executive Director7.5yrsUK£92.00k0.0015%
€ 86.5k
Angela Archon
Independent Non-Executive Director5.8yrsUK£122.00k0.00068%
€ 39.8k
Andrew Kemp
Independent Non-Executive Board Directorless than a yearUK£12.00kno data
4.3yrs
Average Tenure
62.5yo
Average Age

Experienced Board: 1LN's board of directors are considered experienced (4.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 22:22
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Spirax Group plc is covered by 33 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan HurnBarclays
"Jonathan HurnBarclays
James BaylissBerenberg