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Results: KETL

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EPIC KETL
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Strix – another profit warning, argues “a strong balance sheet” but is it?

Kettle safety controls and other water temperature components group Strix (KETL) commences an announcement today that it “is pleased to announce… completed the acquisition of Billi” and also includes that it “continues to maintain its strong market share position in Kettle Controls and is outperforming the market in the Appliance and Water categories. In addition, Strix has a strong balance sheet”. So what of a current share price response to 78p...more than 37% down!?

EPIC KETL
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Kettle King Steams Ahead According to Hot Trading Update

Hello, Share Stickers. As I’ve observed before, companies which operate within a niche have a better chance of success. A niche outfit operates in a tiny corner of a market which their customers can’t do without. Such is the nature of Strix Group (KETL). You’ll notice the epic code has now’t to do with the company name. Until you know that Strix makes bits for kettles.

EPIC KETL
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Strix – “anticipate delivering revenue growth of circa 30%“ as impressive as it sounds?

An AGM statement from water temperature management components group Strix (KETL) emphasises that “we anticipate delivering revenue growth of circa 30% for the group during 2021 which also underpins our confidence in achieving our medium-term target to double the group's revenues over the next five years”. What though does that mean financially and how’s current performance?...

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