IN BRIEF: Stelrad expects a double-digit full-year revenue rise
27th Jan 2023 10:03
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