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Pin to quick picksStrix Share News (KETL)

Share Price Information for Strix (KETL)

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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

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Strix opens new margin-enhancing factory in China

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Strix reports positive momentum in first half

(Sharecast News) - Kettle safety control maker Strix reported "positive trends and momentum" in a first-half trading update on Thursday, adding that it would deliver revenue growth of about 50%, including the impact of Laica, compared to the pandemic-affected prior year.

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8 Jun 2021 15:05

IN BRIEF: Strix COO Frank Gao sells GBP600,000 in shares

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Strix expecting 30pc revenue growth after strong start to year

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Berenberg starts off Strix at 'buy'

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Wednesday broker round-up

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Monday broker round-up

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

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