Stelrad's Interim Results: Mixed Performance, Bright Spots

Stelrads interim results for the year ending 2025 show a slight dip in revenue to £279.6 million and a 44% drop in operating profit to £17.5 million, primarily due to restructuring costs and asset write-downs. Despite overall sales falling 3.8%, adjusted operating profit marginally increased to £32.5 million, driven by higher-margin products and cost cuts. The company secured a £100 million loan deal and raised the dividend, indicating strong cash flow and balance sheet health. CEO Trevor Harvey remains optimistic, citing market leadership and growth in net zero-friendly products. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1d2824a86a85aa37