Specialist engineering firm Spirax-Sarco warned that currency tailwinds could hit full year sales and profits if sterling stayed at current levels. In a trading update, Spirax said the pound had strengthened slightly since full year results were reported in March after two years of forex tailwinds. It added that sales and profits could be 3% and 5% lower respectively if April's exchange rates continued for the rest of the year. "Movements in exchange rates are often volatile and unpredictable, ...Den vollständigen Artikel lesen ...