Strix – “pleased to report an improved trading performance”, but how significant is the improvement?
By Steve Moore | Tuesday 4 July 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Kettle safety controls and other water temperature management components group, Strix (KETL) has issued an AGM statement commencing “We are pleased to report an improved trading performance and can confirm that profit after tax for the full year remains in line with market expectations”. But what does that mean specifically and in relation to a share price currently responding up to above 105p?
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.