We note the announcement this morning by Strix, confirming it continues to trade in line with market expectations, as previously announced at the time of the FY18 results (21st March 2019). It has also confirmed that the group has signed an agreement with the Zengcheng Government regarding a land purchase and construction of the group’s new factory is scheduled to start at the end of Q3 this year, this is in line with expectations. The impact of this new factory is already built into fo
23 May 2019
Positive trading update, new factory progressing to schedule
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Positive trading update, new factory progressing to schedule
Strix Group PLC (KETL:LON) | 72.8 -0.6 (-1.1%) | Mkt Cap: 159.3m
- Published:
23 May 2019 -
Author:
Andy Hanson -
Pages:
6
We note the announcement this morning by Strix, confirming it continues to trade in line with market expectations, as previously announced at the time of the FY18 results (21st March 2019). It has also confirmed that the group has signed an agreement with the Zengcheng Government regarding a land purchase and construction of the group’s new factory is scheduled to start at the end of Q3 this year, this is in line with expectations. The impact of this new factory is already built into fo