Strix is the global leader in the manufacture of kettle safety controls with a market share by value of over 50%. Its controls are used an estimated 1 billion times a day by 15% of the World’s population across more than 100 countries. Structural growth of c.10% compound in Less Regulated markets will drive volume growth but even in Regulated markets the combination of the replacement cycle and increased penetration means growth will be positive. Despite the strong performance since flo
27 Sep 2017
Global leader in Kettle controls
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Global leader in Kettle controls
Strix Group PLC (KETL:LON) | 68.0 1.5 3.3% | Mkt Cap: 148.7m
- Published:
27 Sep 2017 -
Author:
Andy Hanson -
Pages:
65
Strix is the global leader in the manufacture of kettle safety controls with a market share by value of over 50%. Its controls are used an estimated 1 billion times a day by 15% of the World’s population across more than 100 countries. Structural growth of c.10% compound in Less Regulated markets will drive volume growth but even in Regulated markets the combination of the replacement cycle and increased penetration means growth will be positive. Despite the strong performance since flo