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.
Regulated markets still difficult, costs being addressed
Strix’s trading update includes some emerging positives: volumes continue to build, particularly in...
Read moreDeal completed, debt eradicated
Strix Group has completed the disposal of Billi, receiving net proceeds of £105m after costs and...
Read moreDebt-Free Reset: Proposed sale of Billi
The proposed disposal of Billi, conditional on shareholder approval, is transformational for the...
Read moreIs change afoot?
The trading update for the six months to September covers three areas: trading, indebtedness and...
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Focus on cash generation
The combination of new product launches, a broadening of the distribution/service network and an...
Read moreGrowth reported in key segments
New product launches, coupled with distribution and service agreements across a wider geographical...
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A marked reduction in debt
The preliminary results from Strix ticked several boxes, including a significant reduction in...
Read moreA positive end to the year bodes well
In the latest trading update from Strix Group management has reported that it remains comfortably...
Read moreRecent trading proves challenging
At the time of the interim results in September it was clear that Q3 trading had proven volatile....
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