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Share Price: 73.80

Bid: 73.80

Ask: 74.10

Change: 0.20 (0.27%)

Spread: 0.30 (0.407%)

Open: 73.60

High: 75.00

Low: 73.10

Prev. Close: 73.60

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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

More News

5 Apr 2022 21:20

DIRECTOR DEALINGS: CRH finance director sells EUR1.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

31 Mar 2022 11:18

Canaccord Genuity lowers target price on Strix Group

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on kettle safety controls manufacturer Strix Group from 375.0p to 300.0p on Thursday as it pondered whether near-term headwinds would "bark or bite".

30 Mar 2022 12:00

IN DEPTH: Strix boss sure of profit rise in 2022 despite cost squeeze

(Alliance News) - Strix Group PLC shares fell on Wednesday after annual results showed profit was hurt by higher costs, but Chief Executive Mark Bartlett remained confident in the company's prospects, with revenue on the rise and dividend increases pencilled in for the foreseeable future.

30 Mar 2022 10:48

Strix falls amid cost pressures but payout growth shows confidence

(Alliance News) - Strix Group PLC on Wednesday reported lower annual profit on rising costs, but boosted its annual payout as a sign of confidence with the company saying it is on track to hit its medium-term targets.

30 Mar 2022 09:49

Strix serves up decent first-half revenue, earnings growth

(Sharecast News) - Kettle safety and water technology company Strix Group reported revenue of £119.4m in its 2021 results on Wednesday - an increase of 28.8% year-on-year and 26.6% over the same period in 2019, both at constant currency.

30 Mar 2022 08:51

LONDON BROKER RATINGS: BofA lifts Bridgepoint; Citi cuts Experian

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

7 Mar 2022 11:55

Strix upbeat on launch of several new products

(Sharecast News) - Kettle safety and water filtration technology company Strix Group announced a number of new product developments on Monday, which it said represented "significant progress" towards achieving its five-year growth plan.

28 Feb 2022 20:36

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

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

28 Feb 2022 12:07

Strix assures shareholders after Russian cyberattack

(Sharecast News) - Kettle safety technology and water filtration company Strix Group has recently been the subject of a cyber incident of Russian origin, it claimed on Monday.

27 Jan 2022 20:20

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

27 Jan 2022 15:27

Strix net debt widens as it combats price rises

(Sharecast News) - Kettle safety and water technology company Strix reported positive second half momentum in a trading update on Thursday, having achieved 30% revenue growth on a constant-currency basis, and profit after tax in line with market expectations for 2021.

28 Oct 2021 15:51

Latest Share Chat

Strix Share News (KETL)

Share Price Information for Strix (KETL)

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

DIRECTOR DEALINGS: CRH finance director sells EUR1.4 million in shares

Canaccord Genuity lowers target price on Strix Group

IN DEPTH: Strix boss sure of profit rise in 2022 despite cost squeeze

Strix falls amid cost pressures but payout growth shows confidence

Strix serves up decent first-half revenue, earnings growth

LONDON BROKER RATINGS: BofA lifts Bridgepoint; Citi cuts Experian

Strix upbeat on launch of several new products

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

Strix assures shareholders after Russian cyberattack

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

Strix net debt widens as it combats price rises

Director dealings: Strix director makes share purchase

TRADING UPDATES: Strix launches new products; Sylvania profit down

Strix launching two new instant hot water products

DIRECTOR DEALINGS: Strix team bank GBP6 million; Kingfisher bosses buy

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

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