Strix Group plc (LON:KETL) is the topic of conversation when Andy Hanson Deputy Head of Research at Zeus Capital joins DirectorsTalk. Andy talks us through the highlights from the company interim results, explains how this has affected his forecast, shares his thoughts on the outlook and company valuation as an investment case.
Isle of Man based Strix Group, is a global leader in the design, manufacture and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration.
Strix’s core product range comprises a variety of safety controls for small domestic appliances, primarily kettles. Kettle safety controls require precision engineering and intricate knowledge of material properties in order to repeatedly function correctly. Strix has built up market leading capability and know-how in this field since being founded in 1982.