Strix Group Plc (LON:KETL) is the topic of conversation with Zeus Capital Analyst John Wilson. John recaps the FY17 results, provides more detail around the market and trends, talks about current trading, the outlook for 2018 and explains the current valuation.
Strix Group Plc, based in the Isle of Man 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. The company’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.