REG - Stelrad Group PLC - Notice of Results

StelradAnnouncement

04/03/2022 07:00

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RNS Number : 5846D  Stelrad Group PLC  04 March 2022

4 March 2022

 

Stelrad Group plc

("Stelrad" or "the Group")

Notice of 2021 Full Year Results

Stelrad, a leading specialist manufacturer and distributor of steel panel
radiators in the UK, Europe and Turkey, will announce its audited financial
results for the 12 months ended 31 December 2021 on Monday 14 March 2022.

 

Trevor Harvey (CEO) and George Letham (CFO) will host an analyst presentation
at 9:00am GMT on the day to talk through the Group's operational and financial
performance.

 

If you would like to attend, please email Powerscourt via
stelrad@powerscourt-group.com (mailto:stelrad@powerscourt-group.com) for dial
in details.

 

-Ends-

 

For further information:

Enquiries

 Stelrad Radiator Group                      +44 (0)191 261 3301

 Trevor Harvey, Chief Executive Officer

 George Letham, Chief Financial Officer

 Investec Bank plc (Sole Corporate Broker)   +44 (0)20 7597 5970

 Bruce Garrow

 Ben Griffiths

 Alex Penney

 Powerscourt (Media Relations)               +44 (0)7855 432 699

 James White / Genevieve Ryan                stelrad@powerscourt-group.com (mailto:stelrad@powerscourt-group.com)

 

Notes to Editors

Stelrad Group plc is a leading specialist manufacturer and distributor of
steel panel radiators in the UK, Europe and Turkey, selling an extensive range
of standard and premium steel panel radiators, low surface temperature (LST)
radiators, towel warmers, decorative steel tubular radiators and other steel
"column" radiators to more than 500 customers annually.

The Group has four core brands: Stelrad, Henrad, Hudevad and Termo Teknik,
which had approximately 16.6 per cent. share by volume of total markets in the
UK, Europe, and Turkey in 2020, including 50.2 per cent. market share in the
UK. In 2020, the Group held top 3 share positions in 11 countries and was #1
in the UK, Ireland, the Netherlands, Belgium and Denmark.

It is headquartered in Newcastle upon Tyne in the United Kingdom with
manufacturing and distribution facilities at Mexborough in the UK, Nuth in the
Netherlands and Çorlu in Turkey, employing 1,325 employees across the
business, as at 31 December 2020.

The origins of the Group date back to the 1930s and, today, Stelrad enjoys
long established commercial relationships with many of its customers, having
served each of its top five customers for over twenty years.

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