The Archive · 5 posts
Explore innovative water heating tech with Strix Group PLC (KETL)! 💧 Exciting developments await on the LSE. 🔍
Strix Group FY26 trading update: steady revenue, softer profit, and a £10m cash return. Controls improve but raw material costs and CEO change loom.
May 7, 2026
Showing 4 of 5 posts
Strix Group's strategic reset: Billi sale slashes debt to net cash, fuels buyback & cost savings, while FY26 guidance signals cautious optimism amid market shifts.
JoshuaMarch 9, 2026
Strix Group CEO steps down as company reports £64.6m revenue, £70.3m net debt, and plans to reduce leverage to 1.5x.
JoshuaNovember 26, 2025
Strix H1 2025: Billi soars & Controls stumbles amid macro woes. Net debt above target, refinancing underway. Mixed results analysis.
JoshuaJuly 30, 2025
Strix Group slashes net debt by £20M to £63.7M, posts 1.3% revenue growth amid restructuring. Billi division rebounds with double-digit growth. Outlook remains confident.
JoshuaApril 30, 2025
July 30, 2025