Strix Says 2021 Profit Was in Line With Market Expectations

Strix Says 2021 Profit Was in Line With Market Expectations

Strix Group PLC said Thursday that its net profit for 2021 was in line with market expectations of 31.4 million pounds ($42.3 million).

The manufacturer of kettle safety controls said that it experienced continued positive momentum in the second half of the year, achieving 30% revenue growth on a constant currency basis.

In addition, String confirmed that it intends to pay a dividend in line with its progressive policy, which is linked to underlying earnings.

Shares at 0932 GMT were down 1.6% at 248 pence.

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