Strix brings ‘solid’ half year performance to the boil

Kettle safety controls manufacturer and supplier, Strix, generated a 1.5% increase in revenues for the six months to June 30, the Isle of Man company announced today. Sales rose from £42.2m to £42.9m. However, pre-tax profits fell by 16.1%, from £10.3m to £8.6m. Shareholders in the AIM-listed business will receive an interim dividend of 2.3p per share. Strix raised £190m in its flotation a year ago and in a trading update in June, said it was on track to deliver results in line with market expectations for the full ye... For the full story register now for free or login below...
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