Stelrad Group PLC - Brazil-focused gold mining and development company - Non-Executive Director & Senior Independent Director Terry Miller plans to step down at the end of the year. Miller joined the company in October 2021 as part of its initial public offerings. Says a replacement will be appointed in due course. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stelrad Group PLC still has attractive prospects compared to its peers, analysts said on Monday, with relatively strong half-year results leaving it well-placed to "navigate choppier waters" despite gloomy outlooks across the radiator sector. Read More
(Alliance News) - Stelrad Group PLC on Monday said its profit doubled in the first half of 2023, alongside rising revenue, while it maintained its full-year outlook and declared an unchanged dividend to shareholders. Read More
Stelrad Group PLC - Newcastle-based manufacturer and distributor of steel panel radiators - Announces that Chief Financial Officer George Letham will step down from his role before the end of the year in order to retire. Letham will continue in his role until a successor is in place, in order to ensure a "smooth" transfer of responsibilities. Read More
Stelrad Group PLC - Newcastle, England-based steel panel radiator manufacturer - Says 2023 performance to date is in line with management expectations, and reaffirms full-year outlook announced in March. Noted an "encouraging start" in the first four months, with UK volumes being particularly resilient. At the time Stelrad said it expected lower volumes seen in second half year to continue but stabilise into the current half year. Stelrad says volumes in the second half year should be stronger as trading returns to historical seasonal patterns after "exceptionally strong" first half prior year comparator. DL Radiators SPA meanwhile has been "successfully integrated" into Stelrad since acquisition in July. Read More
(Alliance News) - Stelrad Group PLC on Monday steeply increased its annual payment to shareholders, despite profit falling and costs rising, citing resilience in its business model. Read More
Stelrad Group PLC - Newcastle, England-based steel panel radiator manufacturer - Says revenue in 2022 is estimated to be GBP312 million, up 15% from GBP272.3 million in 2021. Expects to deliver a record adjusted operating profit of GBP34 million, up from GBP33.2 million in 2021. Adds that "rising energy costs across Europe and the drive towards decarbonisation are both expected to underpin further, long-term demand for the group's products". Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - Stelrad Group PLC on Friday reported a sharp drop in interim profit due the accounting treatment of its Turkish subsidiary, but it improved revenue across all its territories. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance news) - Stelrad Group PLC on Thursday said it has agreed to buy DL Radiators srl from De Longhi Industrial SA, following its initial public offering in November 2021. Read More
Stelrad Group PLC - manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey - Says its year to date performance is "slightly" ahead of expectations. Says year-on-year lower volumes have been offset by improved margins, supported by cost management actions and an improved mix of premium steel panel radiators. Continues to "manage" inflationary cost increases. Backs outlook and says it is confident in delivering long-term value for all its shareholders. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
TRADING UPDATES: In The Style in fashion; East Imperial toasts US deal Read More