Strix builds momentum as recovery plans take hold

STRIX GROUP PLC

Strix has reported encouraging progress, with stronger Controls volumes, renewed growth in Consumer Goods and continued confidence in its financial expectations for the 15-month period to 31 March 2026.

The group expects revenue of around £150 million and adjusted profit before tax of £9.8 million to £10.2 million.

The strongest signal comes from the Controls division, where momentum seen in the final quarter of 2025 continued into the first three months of 2026. Volumes outside China are now consistently ahead of the prior-year period. Controls remains central to Strix’s investment case, and a return to volume growth points to improving customer demand and better execution after a difficult trading period.

Strix is also acting decisively on higher input costs. Copper and silver prices remain well above levels seen at the start of 2025, and the company introduced a surcharge in February to protect margins. Most Controls customers had accepted the increase by the period end, showing that Strix has retained pricing power while managing customer relationships carefully.

The roll-out of Low-Cost and Next Generation controls is designed to strengthen the group’s competitive position, broaden its market opportunity and counter lower-priced copyist products. Early OEM interest suggests these launches could support future share gains.

Consumer Goods is showing improvement too, following restructuring in 2024. Growth has returned, with Strix placing greater focus on LAICA water filtration and bespoke OEM solutions.

Strix Group plc (LON:KETL) is a global leader in the innovation, design, manufacture and supply of kettle safety controls, heating and temperature controls, steam management and water filtration technologies. 

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