Stelrad Group PLC Secures Shareholder Approval for AGM Resolutions

Stelrad Group Plc ( (GB:SRAD) ) has shared an update.

Stelrad Group PLC announced that all proposed resolutions at its Annual General Meeting on May 21, 2025, were passed. Key resolutions included the approval of the company’s annual report, directors’ remuneration, and the election or re-election of several directors. Additionally, the company declared a final dividend and authorized various corporate actions, such as share allotment and purchase. This successful AGM reflects strong shareholder support and positions Stelrad for continued operational stability and strategic growth.

Spark’s Take on GB:SRAD Stock

According to Spark, TipRanks’ AI Analyst, GB:SRAD is a Outperform.

Stelrad Group Plc exhibits solid financial performance with strong profitability and cash flow management, although high leverage poses a risk. The technical indicators show positive price momentum, and the stock’s valuation is attractive with a reasonable P/E ratio and high dividend yield. These strengths are slightly offset by inconsistent revenue growth and high debt levels.

To see Spark’s full report on GB:SRAD stock, click here.

More about Stelrad Group Plc

Average Trading Volume: 78,561

Technical Sentiment Signal: Buy

Current Market Cap: £180.8M

See more insights into SRAD stock on TipRanks’ Stock Analysis page.