Strix’s FY24 trading update (Dec Y/E) has indicated full year adj. PBT will be ahead of previously revised market expectations of £17.6m (Zeus: £17.5m), and, importantly, year-end leverage will be below 2.0x, a key threshold for the Group’s interest rate mechanism. Against a challenging economic backdrop, Strix had a stronger than expected finish to the year, particularly within its key Regulated markets, alongside Billi returning to double digit growth in Q4 2024. Today’s statement should provi ....

30 Jan 2025
Strix (KETL LN) - Strong finish to FY24; good cash management puts leverage under 2.0x - Corporate

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Strix (KETL LN) - Strong finish to FY24; good cash management puts leverage under 2.0x - Corporate
Strix Group PLC (KETL:LON) | 46.6 0 0.0% | Mkt Cap: 107.1m
- Published:
30 Jan 2025 -
Author:
Andy Hanson | Charlie Williams -
Pages:
8 -
Strix’s FY24 trading update (Dec Y/E) has indicated full year adj. PBT will be ahead of previously revised market expectations of £17.6m (Zeus: £17.5m), and, importantly, year-end leverage will be below 2.0x, a key threshold for the Group’s interest rate mechanism. Against a challenging economic backdrop, Strix had a stronger than expected finish to the year, particularly within its key Regulated markets, alongside Billi returning to double digit growth in Q4 2024. Today’s statement should provi ....