Strix has confirmed that it expects to report FY18 results in line with market expectations. ZC forecast constant currency revenue of £96.1m, adj operating profit of £30.8m and PBT of £29.1m, in line with consensus expectations. The global kettle market continued to grow strongly at an estimated 7%. Strix states it has maintained its market share by volume at c.38%, indicating that it has also seen good underlying growth. Albeit, the mix of growth has shifted towards less re

22 Jan 2019
FY18 profitability in line with expectations, net debt ahead

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FY18 profitability in line with expectations, net debt ahead
Strix Group PLC (KETL:LON) | 105 0 0.0% | Mkt Cap: 229.2m
- Published:
22 Jan 2019 -
Author:
Andy Hanson -
Pages:
12 -
Strix has confirmed that it expects to report FY18 results in line with market expectations. ZC forecast constant currency revenue of £96.1m, adj operating profit of £30.8m and PBT of £29.1m, in line with consensus expectations. The global kettle market continued to grow strongly at an estimated 7%. Strix states it has maintained its market share by volume at c.38%, indicating that it has also seen good underlying growth. Albeit, the mix of growth has shifted towards less re