UK 20:02 Thursday, 29 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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Kettle safety controls and other water temperature management components group, Strix (KETL) has issued a “Pre-Close Trading Update and CFO Appointment” announcement including noting 2023 “adjusted profit after tax for the full year of £20.6m on a constant currency and £20.1m on a reported basis… Cash generation for the group during the second half of the year was strong and year-end net debt will be c.£83.7m… a clear plan to get net debt/EBITDA to below 1.5x before the end of 2025”. What of a current approaching 5% lower share price towards 70p in response?
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