A combination of steady top line expansion, operating margins fully supported by technological excellence and unique product experience, all support the case for Strix – the world’s largest supplier of kettle controls – consistently to deliver profit growth to shareholders. Despite strong cash conversion, a circa 38% global market share and high growth visibility, valuation looks undemanding.
18 Jul 2018
Steaming ahead
Sign up for free to access
Get access to the latest equity research in real-time from 12 commissioned providers.
Get access to the latest equity research in real-time from 12 commissioned providers.
Steaming ahead
Strix Group PLC (KETL:LON) | 74.3 0.7 1.2% | Mkt Cap: 162.5m
- Published:
18 Jul 2018 -
Author:
Chris Wickham -
Pages:
21
A combination of steady top line expansion, operating margins fully supported by technological excellence and unique product experience, all support the case for Strix – the world’s largest supplier of kettle controls – consistently to deliver profit growth to shareholders. Despite strong cash conversion, a circa 38% global market share and high growth visibility, valuation looks undemanding.