UK's Stelrad Group falls on lower full-year profit

Stelrad

13/03/2026 08:23

** Shares of UK-based manufacturer and distributor of radiators Stelrad Group SRAD.L down 2.6% at 130p

** SRAD posts annual revenue of 279.6 million pounds ($370.97 million), a 3.8% year-over-year decline due to continued economic uncertainty in core territories of UK & Ireland and Europe

** Market demand remains subdued and we expect this to continue for at least first half of 2026, Stelrad says

** YTD, stock down about 5%

($1 = 0.7537 pounds)

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))