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Pin to quick picksStrix Share News (KETL)

Share Price Information for Strix (KETL)

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Share Price: 77.50
Bid: 77.20
Ask: 77.50
Change: 1.00 (1.31%)
Spread: 0.30 (0.389%)
Open: 77.20
High: 77.50
Low: 77.20
Prev. Close: 76.50
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Strix Group enforces patents in China, Germany

Wed, 12th Dec 2018 09:55

(Sharecast News) - Kettle safety control manufacturer Strix Group updated the market on its intellectual property protection initiatives on Wednesday, reporting that it had successfully enforced its patents, which were being breached by manufacturers in China.The AIM-traded firm said that, although all manufacturers that were currently trying to copy its controls and connectors were based in China, not all of those manufacturers sold their products on the China domestic market where Strix had much of its intellectual property registered.It explained that, in an effort to try and avoid patent infringement proceedings, some of those manufacturers only exported their products, often to countries where Strix did not have its IP registered.However, under China patent law it was still an offence to manufacture infringing product in China regardless of its ultimate destination.Strix said that, acting on information it provided, local intellectual property enforcement authorities were able to raid a factory in Guangdong province belonging to Foshan Shunde Xiaolong Electrical Appliance Company, and seize electric kettles that infringed Strix's IP and which were to be exported to South Korea.The parties subsequently settled matters.Strix said it also brought a claim based on unfair competition against Expo Börse and Schou Germany, who had imported kettles into Germany which - according to Strix - incorporated copies of its controls and connectors.Those parties also subsequently settled matters.The Strix board said it was continuing to monitor internet product sales, and took action where appropriate.It recently brought a complaint of electric kettle patent infringement to the attention of Amazon, who swiftly removed the offending products from their platforms of one vendor, DEUBA, who also settled with Strix."Protection of our technology and products remains a key focus of the company," said Strix chief executive officer Mark Bartlett."The maintenance of our brand value supports us in retaining our market share and strong relationships with our customers."Bartlett said the firm was continuing to monitor the market for copyists, and took actions to disrupt those that infringed on its intellectual property."As illustrated, we are able to defend our technology in a number of different ways and ensure that consumers, our customers and our brand are protected."
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23 Jul 2020 09:27

Strix Group upbeat after 'resilient' first half

(Sharecast News) - Kettle safety control company Strix Group updated the market on its first half on Thursday, reporting a "resilient" performance, with a marked recovery and "solid performance" in June.

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10 Jun 2020 13:12

DIRECTOR DEALINGS: Strix Group COO Gao Sells GBP290,000 In Shares

DIRECTOR DEALINGS: Strix Group COO Gao Sells GBP290,000 In Shares

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28 May 2020 14:49

UK TRADING UPDATE SUMMARY: PureTech, N4, Synairgen Advance Covid Work

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18 Mar 2020 19:48

EXECUTIVE CHANGE SUMMARY: Focusrite And Medica Finance Chiefs To Leave

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18 Mar 2020 11:39

Strix Shares Up 11% After Reporting "Another" Solid Year In 2019

Strix Shares Up 11% After Reporting "Another" Solid Year In 2019

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11 Mar 2020 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

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19 Feb 2020 15:58

Strix reassures shareholders over coronavirus

(Sharecast News) - Kettle controller company Strix Group said on Wednesday that it is continuing to closely monitor developments around the outbreak of the Covid-19 coronavirus in China, and has put appropriate measures in place.

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19 Feb 2020 09:13

Strix Reports "Minimal" Disruption From Coronavirus To Operations

Strix Reports "Minimal" Disruption From Coronavirus To Operations

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18 Sep 2019 13:15

Wednesday broker round-up

(Sharecast News) - Weir Group: JP Morgan downgrades to neutral with a target price of 1,500p.

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18 Sep 2019 10:57

Strix Confident For 2019 After Steady Interim Performance

(Alliance News) - Kettle safety products maker Strix Group PLC on Wednesday reported a "solid" interim performance, despite a slight drop in profit.Pretax profit for the six to to

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6 Sep 2019 08:07

Strix technology to be used in new Phillips branded water bottle

(Sharecast News) - Kettle safety controls designer Strix Group will launch a new water bottle with an in-built filter as part of a collaboration with AquaShield Health Technology, the global exclusive Philips brand licensee for water purifiers and dispensers.

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18 Jul 2019 10:56

Strix Group Confident On Continued Growth Despite Outside Pressures

(Alliance News) - Kettle safety controls firm Strix Group PLC expects a solid interim performance, it said Thursday, despite continued volatility in its core market.Strix said performance a

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23 May 2019 10:21

Strix 2019 Trading In Line; Progresses On Chinese Factory Project

LONDON (Alliance News) - The chair of kettle parts and water filter maker Strix Group PLC said Thursday 2019 trading was in line with expectations, and it expects construction of a new factory in

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15 May 2019 08:48

Strix names Harry Kyriacou as new chief commercial officer

(Sharecast News) - Kettle safety controls designer Strix Group tapped former Glen Dimplex sales director Harry Kyriacou to take over as chief commercial officer on Wednesday.

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21 Mar 2019 11:06

Strix Group sees decent growth as it maintains global market share

(Sharecast News) - Kettle safety control manufacturer Strix Group reported a year of "solid performance" in its final results on Thursday, including 7.9% growth in sales volumes and a 2.7% improvement in revenue to £93.8m.

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