Brief: Stelrad Group Reports Resilient Performance In Line With Consensus

Stelrad

26/01/2024 07:16

Jan 26 (Reuters) - Stelrad Group PLC  SRAD.L :
    * STELRAD GROUP PLC  - TRADING UPDATE
    * STELRAD GROUP PLC - RESILIENT PERFORMANCE IN LINE WITH
CONSENSUS
    * STELRAD GROUP PLC - GROUP'S H2 PERFORMANCE WAS, AS
EXPECTED,
IMPACTED BY HIGH INFLATION AND RISING INTEREST RATES
    * STELRAD GROUP PLC - REVENUE FOR YEAR WAS C.£308M,
REPRESENTING A
C.3% REDUCTION ON PRIOR YEAR
    * STELRAD GROUP PLC - REMAIN MINDFUL OF CONTINUING HEADWINDS
ACROSS GROUP'S MARKETS
    * STELRAD GROUP PLC - GROUP'S RESILIENCE HAS BEEN FURTHER
STRENGTHENED BY COST SAVING INITIATIVES IMPLEMENTED IN SECOND
HALF OF 2023

Source text for Eikon:  ID:nRSZ9721Aa 
Further company coverage:  SRAD.L 

 ((Reuters.Briefs@thomsonreuters.com;))