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Strix Group ( (GB:KETL) ) just unveiled an announcement.
Strix Group PLC announced a trading update and management change, highlighting a revenue of £64.6m and a net debt of £70.3m for the six-month period ending 30 September 2025. Despite macroeconomic challenges, the company sees early signs of improvement in its Controls division and strong performance in its Billi and Consumer Goods divisions. Strix is focusing on debt reduction, having implemented measures to enhance working capital efficiency and canceling the final dividend for FY24. The company aims to reduce net debt leverage to approximately 1.5x within the next 12-18 months. Additionally, CEO Mark Bartlett will step down in May 2026, with a search for his successor underway.
The most recent analyst rating on (GB:KETL) stock is a Hold with a £33.00 price target. To see the full list of analyst forecasts on Strix Group stock, see the GB:KETL Stock Forecast page.
Spark’s Take on GB:KETL Stock
According to Spark, TipRanks’ AI Analyst, GB:KETL is a Neutral.
The overall stock score of 46 reflects significant financial challenges, particularly in profitability and revenue growth, combined with bearish technical indicators and a negative P/E ratio. The stock is currently in a downtrend with oversold technical conditions, and the lack of a dividend yield further detracts from its valuation appeal. While cash flow generation offers some stability, the company needs to address its profitability issues to improve its financial health.
To see Spark’s full report on GB:KETL stock, click here.
More about Strix Group
Founded in 1982 and based in the Isle of Man, Strix Group PLC is a global leader in the design, manufacture, and supply of kettle safety controls and other components related to water heating, temperature control, steam management, and water filtration. The company has expanded its capabilities into complementary products and technologies, with brands such as Aqua Optima, LAICA, and Billi, offering market-leading water solutions globally. Strix is listed on the AIM Market of the London Stock Exchange.
Average Trading Volume: 586,895
Technical Sentiment Signal: Sell
Current Market Cap: £79.55M
For detailed information about KETL stock, go to TipRanks’ Stock Analysis page.