UK's Strix Group rises on 'in-line' annual profit view

Strix

04/07/2023 09:33

** Shares of kettle safety control maker Strix Group
 KETL.L  up as much as 6.5% at two-week high of 107.4p
    ** If gains hold, stock set to post biggest one-day gain in
more than two months
    ** Co sees full-year profit after tax in line with market
expectations 
        ** KETL says current market consensus of profit is 25.8
mln pounds ($32.76 mln); co had posted profit of 23 mln pounds
in 2022
    ** Says continuing to receive increased frequency of orders
from customers in Q2
    ** As of last close, stock up 23% YTD


    
   


($1 = 0.7876 pounds)

 (Reporting by Hani Kollathodi in Bengaluru)
 ((Hani.Kollathodi@thomsonreuters.com))