Strix Share Tipped by Andrew Hore, Interactive Investor28 Apr 2021 16:41
Strix Shares Tipped by Andrew Hore, Interactive Investor
23rd April 2021. It’s on the internet but here is an interesting comment this year by The CEO of Strix Group:
Chief executive Mark Bartlett said: "The group has produced revenue that is significantly ahead of our COVID-19 scenario planning expectations with a marked recovery in the second half. In addition, the combined impact of product mix and a range of efficiency measures, including continued automation and strategic initiatives, has enabled the group to report an increase in both gross profit margin and the absolute level of EBITDA generated. "The Board has recently outlined its strategy of doubling revenues in the next five years. Despite recent events, the Board maintains its confidence in achieving this medium-term target, primarily through organic growth in its water and appliances categories whilst continuing to grow market share in kettle controls."