Strix is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Early operational recovery and net debt cut
We are encouraged by the H1 trading update. The highlight was the news that the decline in...
Read moreAGM statement offers encouragement to investors
Ahead of today’s AGM, Strix has issued a trading update. Encouragingly, management note signs of...
Read moreSuccessful placing to accelerate deleveraging
Strix has completed a new equity placing initiated by an investor that will raise approx. £8m of...
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Billi drives top line growth
Positives emerged, particularly in H2, as the recovery commenced within the kettle controls market.
Read moreStrong H2 cash flow
There are several encouraging messages which jump out from Strix’s trading update released today,...
Read moreTemporary relaxation of covenants
Strix has issued a brief statement that should ease investors’ concerns in the short-term. The...
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Recovery slow, new strategy in place
After early signs of green shoots during Q2, what is clear is that customers are mindful of...
Read moreEncouraging AGM update & Investor Day insights
The AGM update was encouraging and indicated that ‘green shoots’ continued to emerge, with momentum...
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