Strix Share Price (KETL)

CEO buying £50k worth of shares suggests he has confidence in Kettle Controls returning to pre-Covid sales. If that happens and Billi continues on its current path, we should expect faster deleveraging which should benefit the shares.

Nice to see a director buy, and happy that the market also thinks the board has done the right thing by cancelling the div.

Mark Bartlett, CEO, and Clare Foster, CFO, of Strix Group plc (AIM: KETL) held an Investor Presentation covering their Full Year results. Management discussed the pace of recovery within Kettle Controls, the rationalisation that is ongoing within Consumer Goods, and the strong growth at Billi and Laica. They also examined their progress in paying down debt and the temporary pause in the dividend. Questions from investors were answered at the end.

Link to video:

https://www.equitydevelopment.co.uk/research/investor-presentation-qa-video-with-management-team-fy23-results

ED, thanks for posting. The new CFO seems to be very competent. This company I do feel is one that in a few years time you’ll be kicking yourself for not investing more (hopefully).

Mark Bartlett, CEO, and Clare Foster, CFO, of Strix Group plc answered a series of questions following publication of FY23 results for the 12 months ended 31st December 2023. Subjects ranged from growth in kettle controls to the dividend and Billi, as well as the outlook for the company. The interview is available to see below.

In a separate video, the team conducted an Investor Presentation where they discussed highlights of the period, provided a Financial review, and went into detail on performance and prospects for each of the Group's business categories.

Both videos have been divided into chapters for ease of viewing: https://www.equitydevelopment.co.uk/research/investor-presentation-video-/-qa-with-management-team-fy23-results