Strix posts growth in full-year revenue and operating profit
27th Mar 2024 11:22
(Sharecast News) - Strix Group reported a 35.2% jump in revenue in its 2023 results on Wednesday, to £144.6m, accompanied by an increase in gross profit to £57.2m, up 37.7%.
Read moreStrix describes challenging year, appoints new finance chief
25th Jan 2024 15:37
(Sharecast News) - Kettle safety and water technology company Strix Group said in a full-year trading update on Thursday that, despite facing persistent challenges stemming from the global economic and geopolitical landscape, it recorded adjusted profit after tax of £20.6m on a constant currency basis, and £20.1m on a reported basis for the full year.
Read moreStrix Group CFO to retire
27th Oct 2023 08:37
(Sharecast News) - Kettle safety controls group Strix Group said on Friday that chief financial officer Raudres Wong plans to step down, as it announced an agreed relaxation of its leverage covenant ratio.
Read moreShares in Strix slump on disappointing interim numbers
21st Sep 2023 11:38
(Sharecast News) - Shares in Strix Group plunged on Thursday, after the Aim-listed firm reported a slide in half-year profits.
Read moreStrix Group trading in line with guidance
4th Jul 2023 13:40
(Sharecast News) - Kettle safety and water filtration technology company Strix Group reported an improvement in trading performance in an update on Tuesday, confirming that the profit after tax for the full year was in line with market expectations.
Read moreStrix confident in recovery after tough 2022
29th Mar 2023 11:50
(Sharecast News) - Kettle safety and water technology company Strix reported a 10.5% fall in revenue in its 2022 results on Wednesday, to £106.9m, driven primarily by a reduction in its kettle controls operations due to market conditions.
Read moreStrix warns of China troubles as it completes Billi acquisition
30th Nov 2022 11:56
(Sharecast News) - Kettle safety and water technology company Strix has completed the acquisition of Billi Australia, Billi New Zealand and Billi UK, it announced on Wednesday, as it also warned of trading difficulties amid China lockdowns.
Read moreStrix agrees to buy Australian brand Billi in £38m deal
5th Oct 2022 09:07
(Sharecast News) - Kettle safety and water filter technology company Strix has entered conditional agreements to acquire Billi Australia, Billi New Zealand and Billi UK for £38m on completion, it announced on Wednesday, on a debt- and cash-free basis subject to customary closing adjustments.
Read moreUkraine invasion blamed for Strix first-half performance
21st Sep 2022 16:03
(Sharecast News) - Strix Group reported revenue of £50.7m for its first half on Wednesday, down 7.3% year-on-year but up 15.5% compared to the pre-Covid comparator in 2019.
Read moreBerenberg lowers target price on Strix
11th Aug 2022 09:25
(Sharecast News) - Analysts at Berenberg lowered their target price on kettle controls manufacturer Strix Group from 310.0p to 245.0p on Thursday but said the firm was "not of steam".
Read moreCanaccord Genuity downgrades Strix to 'hold'
22nd Jul 2022 10:26
(Sharecast News) - Canaccord Genuity downgraded kettle controls manufacturer Strix downgraded from 'buy' to 'hold' on Friday, stating headwinds were now "biting".
Read moreStrix Group trading 'broadly in line' with expectations
21st Jul 2022 16:39
(Sharecast News) - Kettle safety and water filtration technology company Strix Group said in an update on Thursday that, despite "significant and well-publicised" macroeconomic headwinds, current profit after tax consensus for the full-year remained "broadly in line" with expectations.
Read moreStrix maintains expectations in 'challenging' environment
26th May 2022 11:33
(Sharecast News) - Kettle safety and water filtration developer Strix said in an update on Thursday that, based on its performance in the year-to-date, it was maintaining its trading expectations for the full year.
Read moreDirector dealings: Serco, Capita chiefs vest options; Strix non-exec invests
27th Apr 2022 12:41
(Sharecast News) - Two outsourcing giants found themselves on the list of director sells on Wednesday, after their CEOs covered their costs and tax bills after exercising share options.
Read moreCanaccord Genuity lowers target price on Strix Group
31st Mar 2022 11:18
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on kettle safety controls manufacturer Strix Group from 375.0p to 300.0p on Thursday as it pondered whether near-term headwinds would "bark or bite".
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