Stelrad Group Plc (GB:SRAD) has released an update.
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Stelrad Group Plc has reported a resilient interim financial performance for the first half of 2024, with a slight decrease in revenue to £143.1 million amidst challenging macroeconomic conditions. Despite the revenue dip, operating profit surged by 13.5% to £15.6 million, and market share grew to 20.8%. The company maintains a positive outlook for the full year, buoyed by increases in operational efficiency, market share, and its robust business model.
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