Strix Group PLC Equity Development Investor Presentation
13 Oktober 2022 - 8:00AM
RNS Non-Regulatory
TIDMKETL
Strix Group PLC
13 October 2022
13 October 2022
Strix Group plc
Equity Development Investor Presentation - 'Opportunities for
Growth'
Strix Group plc, the global leader in the design, manufacture
and supply of kettle safety controls and other complementary water
temperature management components, is pleased to announce that the
Company's management team will conduct a live online presentation
on Wednesday 26th October at 11.00am (UK time).
Mark Bartlett (CEO) and Harry Kyriacou (Chief Commercial
Officer) will discuss the opportunities for growth. They will
examine the levers behind maintaining kettle global market share
and their margin, as well as discussing the opportunities for
growth in the Water and Appliance categories more broadly,
including the recent conditional acquisition of Billi.
Since Strix came to market in 2017, management have focused on
broadening the business beyond its original profitable core kettle
controls. The recent conditional acquisition of Billi is another
step on this journey, following the successful integration of the
Italian business Laica (bought September 2020), and the integration
of the assets from HaloSource (acquired March 2019). Their Water
and Appliance categories are growing into meaningful contributors,
helping Strix accelerate their target set in 2020 of doubling
revenues by the end of 2025 .
This session is designed to give participants greater insight
into the specific products and opportunities that Strix are
pursuing in all three categories, and the way in which these
products are playing into consumers desire to be both cost
conscious and environmentally sound.
The webinar is open to all existing and potential shareholders.
Questions can be submitted during the presentation to be addressed
at the end. Participants can submit their feedback after the event
to help the company build an understanding of the views of all
shareholders.
To register for the webinar, please visit
https://www.equitydevelopment.co.uk/news-and-events/strix-growthwebinar-26oct2022
A recording of the presentation will be available after the
event on the Equity Development website (Strix section) where
research content on the company can also be freely accessed.
Enquiries:
Equity Development
Hannah Crowe hannah@equitydevelopment.co.uk
Matt Evans matt.evans@equitydevelopment.co.uk
(020 7065 2692)
IFC Advisory Limited (Financial PR & IR)
Graham Herring / Tim Metcalfe / Florence Chandler
(020 3934 6630)
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END
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