Strix Share News (KETL)

Strix announces GBP10 million placing to help fund Billi acquisition

(Alliance News) - Strix Group PLC on Wednesday said it will undertake an equity placing to help fund its acquisition of Australian water systems firm, Billi.

Strix agrees to buy Australian brand Billi in £38m deal

(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.

Ukraine invasion blamed for Strix first-half performance

(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.

Strix shares plunge amid drop in interim profit and revenue

(Alliance News) - Strix Group PLC on Wednesday said it maintained its interim dividend, despite suffering a fall in both interim profit and revenue.

UK earnings, trading statements calendar - next 7 days

Berenberg lowers target price on Strix

(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".

IN BRIEF: Xeros hires Strix UK managing director as new CEO

Xeros Technology Group PLC - Rotherham, England-based environmental technology firm - Hires Neil Austin as chief executive officer, effective on August 1. Outgoing CEO Mark Nichols will step down on that day and leave the company on September 30 this year.

Canaccord Genuity downgrades Strix to 'hold'

(Sharecast News) - Canaccord Genuity downgraded kettle controls manufacturer Strix downgraded from 'buy' to 'hold' on Friday, stating headwinds were now "biting".

Strix implements price increases, as profit to meet expectations

(Alliance News) - Strix Group PLC announced on Thursday that, despite macro headwinds and price increases in the first half of the year, it has maintained its position in the market.

Strix Group trading 'broadly in line' with expectations

(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.

TRADING UPDATES: DP Eurasia posts strong sales growth on Turkey demand

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Strix maintains expectations in 'challenging' environment

(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.

REPEAT: UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Director dealings: Serco, Capita chiefs vest options; Strix non-exec invests

(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.