Fresh off the release of interim results, Strix Group (LON:KETL) CEO Mark Bartlett gives a sharp breakdown of how the business is performing across each division. Billi is already delivering double-digit growth, consumer goods are back in expansion mode, and a debt reduction plan is underway. With new product launches showcased at the Canton Fair and financial calendar changes to improve forecasting, investors have a clear window into a business that’s turning operational progress into financial upside.
Key Moments:
- [00:45] – Key takeaways from Strix Group interim results
- [01:00] – Billy’s double-digit growth and factory expansion
- [01:14] – Consumer goods rebound and Leica UK campaign
- [01:34] – Controls division challenges and new product launches
- [02:05] – Financial breakdown: growth, debt and funding
- [03:06] – £14M free cash flow boost from Billy loan payoff
- [03:12] – Changing financial year-end to align with Canton Fair insights
- [03:57] – CEO’s priorities for H2: debt reduction and control stabilisation
- [04:32] – Canton Fair: market intelligence and OEM engagement
- [04:47] – Confidence in medium-term outlook and 15-month expectations
Strix Group is a global leader in kettle safety controls, water filtration and appliance components — with technology used over 1.1 billion times per day in more than 100 countries. Based on the Isle of Man, it holds 300+ active patents and supplies major global appliance brands.
