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Strix suspends share buyback programme after £3.7m of purchases
Strix has suspended the share buyback programme launched on 4 February after repurchasing 8,930,325 ordinary shares for around £3.7m (average ~41.2p). The board cites the completion of a previously announced £10m tender offer and the appointment of Andy Rainforth as CEO as reasons; the programme will be suspended while the company’s strategy is reassessed. Strix says it will provide a strategy update with a new framework for capital allocation during the remainder of the financial year. Financial results for the 15‑month period to 31 March 2026 will be published on 4 August 2026, followed by an investor presentation on 5 August. » More on de.investing.com
Andy Rainforth named CEO of Strix Group effective 13 July 2026
The Strix Group has appointed Andy Rainforth as its new chief executive officer, effective 13 July 2026. Rainforth brings more than 30 years of leadership experience in manufacturing, hardware, SaaS and channel partner‑driven business models, having previously worked at A-SAFE, Grosvenor Technology/Newmark Security and Honeywell Security Group. He currently holds no ordinary shares in Strix and is expected to lead the company into its next phase of growth. » More on de.investing.com
Strix Group starts share buyback programme of up to £10 million
Strix Group has launched a share buyback programme of up to £10 million. Buybacks will be executed on a non-discretionary basis by Zeus Capital and Stifel Nicolaus and will run until authorization by the general meeting on 10 July 2025 or until the limit is reached. The maximum price per share is capped at 105% of the average traded price over the preceding five days; repurchased shares will be held as treasury shares and subsequently regularly cancelled. Directors will not sell any shares under the programme, which is being carried out in accordance with UK market abuse rules; each transaction will be announced on the following trading day. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2025 | YoY |
|---|---|---|
| Revenue | 70.47m | - |
| Gross profit | 25.59m | - |
| Net profit | 1.4m | - |
| EBITDA | 13.56m | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €76.01m |
Number of shares | 197.9m |
52-week high/low | €0.87 - €0.37 |
| Dividends | No |
Beta | 0.92 |
P/E ratio | 1.23 |
PEG ratio | 0.00 |
P/B ratio | 0.69 |
P/S ratio | 0.62 |
Company profile
Strix Group Plc designs, manufactures, and supplies kettle safety controls, and other components and devices worldwide. The company offers thermostatic controls, cordless interfaces, water jugs, and filters. It also provides water heating and temperature control, steam management, and water filtration devices. The company offers its products primarily under the Aqua Optima, astrea, and HaloPure brands. It serves original equipment manufacturers, brands, and retailers. The company was formerly known as Steam Plc and changed its name to Strix Group Plc in July 2017. Strix Group Plc was incorporated in 2017 and is headquartered in Isle of Man, the United Kingdom.
| Name | Strix Group PLC |
| CEO | Andy Rainforth |
| Headquarters | Isle of Man,
Isle of Man |
| Website | |
| Sector | Industrials |
| Industry | Machinery |
| IPO | 08/08/2017 |
| Employees | 750 |
Deep Dive
Ticker symbols
| Exchange | Symbol |
|---|---|
London Stock Exchange | KETL.L |
Frankfurt | SG9.F |
London | KETL.L |