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Pin to quick picksStrix Group Share News (KETL)

Share Price Information for Strix Group (KETL)

London Stock Exchange
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Share Price: 280.00
Bid: 276.00
Ask: 277.50
Change: 0.50 (0.18%)
Spread: 1.50 (0.54%)
Open: 290.00
High: 290.00
Low: 274.50
Yest. Close: 279.50
KETL Live PriceLast checked at -

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IN BRIEF: Strix Gets Approval From Italian Regulators For Laica Deal

Wed, 14th Oct 2020 21:01

Strix Group PLC - AIM-listed manufacturer and supplier of water temperature management components - Gets approval from the Council of Ministers in Italy to proceed with the acquisition of Laica SpA. Accordingly the acquisition is expected to complete in approximately one week. Agreed to buy Laica, which focuses on water purification and the sale of small household appliances for personal health and wellness, for an initial consideration of EUR19.6 million. This comprises EUR11.6 million in cash and EUR8.0 million in Strix shares.

Current stock price: 228.0 pence

Year-to-date change: up 17%

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Berenberg starts off Strix at 'buy'

(Sharecast News) - Analysts at Berenberg initiated coverage on kettle safety manufacturer Strix Group at 'buy' on Wednesday, branding the stock as "a strong cup of tea".

7 Apr 21 16:20

Wednesday broker round-up

(Sharecast News) - Greatland Gold: Berenberg upgrades to buy with a target price of 26p.

7 Apr 21 14:02

Monday broker round-up

(Sharecast News) - Taylor Wimpey: JP Morgan upgrades to overweight with a target price of 220p.

29 Mar 21 13:16

Canaccord Genuity raises target price on Strix

(Sharecast News) - Analysts at Canaccord Genuity stood by their 'buy' rating and raised their target price on kettle safety controls manufacturer Strix Group from 265.0p to 310.0p on Monday, stating that growth was "coming to the boil".

29 Mar 21 11:16

Strix raises annual dividend, remains confident in doubling revenue

Strix raises annual dividend, remains confident in doubling revenue

24 Mar 21 10:56

Strix ends year 'significantly ahead' of Covid-19 planning expectations

(Sharecast News) - Kettle control and water filtration technology company Strix reported a 1.6% decline in revenue in 2020 on Wednesday, to £95.3m, which it said was "significantly ahead" of its Covid-19 scenario planning expectations, with a "marked recovery" in the second half.

24 Mar 21 09:06

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

17 Mar 21 16:30

TRADING UPDATES: ScS Interim Sales Rise; Quixant Annual Revenue Falls

TRADING UPDATES: ScS Interim Sales Rise; Quixant Annual Revenue Falls

27 Jan 21 11:13

IN BRIEF: Strix Group Signs Deal For HaloPure Technology In China

IN BRIEF: Strix Group Signs Deal For HaloPure Technology In China

18 Jan 21 13:06

IN BRIEF: Strix Gets Approval From Italian Regulators For Laica Deal

IN BRIEF: Strix Gets Approval From Italian Regulators For Laica Deal

14 Oct 20 21:01

Sunday share tips: Marshalls, Strix

(Sharecast News) - The Sunday Times's Sabah Meddings told readers to 'hold' shares of Marshalls, arguing that the shares were "richly" priced and that the valuation premium versus peers offset the multiple positives around the stock.

4 Oct 20 23:46

Thursday broker round-up

(Sharecast News) - Centrica: JP Morgan upgrades to overweight with a target price of 60.0p.

24 Sep 20 13:56

IN BRIEF: Strix To Buy Italian Water Firm Laica For EUR32 Million

IN BRIEF: Strix To Buy Italian Water Firm Laica For EUR32 Million

23 Sep 20 14:46

UK EARNINGS SUMMARY: LoopUp Swings To Profit On Work-From-Home Boost

UK EARNINGS SUMMARY: LoopUp Swings To Profit On Work-From-Home Boost

23 Sep 20 14:02

Strix launches 'HaloPure' in China's livestock farming sector

(Sharecast News) - Kettle safety control company Strix Group announced the launch of its 'HaloPure' technology water purification and disinfection solution within the livestock farming industry in the People's Republic of China on Wednesday.

2 Sep 20 16:38

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