LONDON BROKER RATINGS: Berenberg says 'buy' Strix, Zotefoams, Trifast
27th Aug 2025 09:30
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
Strix Group PLC - Isle of Man-based supplier of kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Confirms that a competitive refinancing process will be formally initiated in the coming weeks to provide cost effective and flexible funding to support the medium-term investment-driven growth aspirations. In addition, names Rachel Pallett as Chief Commercial Officer with effect from Thursday. Pallet has been part of the senior management team since 2023. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, ahead of US and eurozone GDP data releases. Read More
Strix Group PLC - Isle of Man-based supplier of kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Confirms it will report adjusted pretax profit for 2024 ahead of market consensus and comfortably within the previously announced range of GBP18 million to GBP19 million on a constant currency basis. Says the Kettle Controls division has maintained its dominant market position and stable market share in the regulated and less regulated markets, despite trading volatility in the fourth quarter. The Consumer Goods division is slightly below the prior year as planned. Read More
(Alliance News) - Strix Group PLC on Wednesday said in a trading update that it expects to report a fall in annual profit for 2024, following weaker trading in the second half of the year and cost price inflation. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Strix Group PLC - Isle of Man-based kettle safety controls and other devices for water heating and temperature control, steam management, and water filtration - Raises GBP8.7 million from placing of 10.9 million shares, 5.0% of its total, at 80 pence each. The results of the placing, run by Stifel Nicolaus Europe Ltd and Zeus Capital Ltd, were as planned. The placing was first announced after the London market close on Tuesday. The funds will be used to reduce debt, part of the company's aim to reduce leverage below 2.0 times debt to capital, on the way to a goal of 1.5x by the end of 2025. Strix on Tuesday added that pretax profit for 2024 will be in line with current market expectations. Read More
Strix Group PLC - Isle of Man-based supplier of kettle safety controls and water temperature management components - Intends to undertake equity placing of 10.9 million shares at 80 pence each, a nil discount to Monday's closing price. Gross proceeds to total GBP8.7 million. Placing represents 5.0% of issued share capital. Strix says placing originates from reverse inquiry from existing shareholder for 8.7 million shares allocated on a firm basis and 2.2 million shares subject to clawback from the participation of existing shareholders. Placing was agreed to by shareholders and will be conducted through an accelerated bookbuild process. Stifel Nicolaus Europe Ltd and Zeus Capital Ltd to act as joint bookrunners. Bookbuild is effective immediately. Read More
Strix Group PLC - Isle of Man-based maker of kettle safety controls and other water temperature management devices - Chief Executive Officer Mark Bartlett buys 68,385 shares at average 72.75 pence, worth GBP49,750, on Monday. Now has 2.7 million shares, a 1.3% stake. Read More
(Alliance News) - The following is a round-up of executive changes by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Strix Group PLC on Wednesday said that the purchase of Billi Australia Pty Ltd has "delivered exactly as expected", leading the firm's annual revenue to skyrocket. Read More
(Alliance News) - Stock prices in London edged lower after the open on Wednesday, with some nervy trade ahead of a US inflation reading later in the week. Read More
(Alliance News) - Strix Group PLC on Wednesday said a recent acquisition helped boost its annual revenue, but it lowered its dividend as it aims to focus on debt reduction. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News: Read More