Strix plunges on profit warning

Shares in Strix (KETL:AIM) slumped 10.5% to 42p after the kettle safety controls maker warned FY26 profits will miss estimates. The downgrade reflected a slower-than-expected recovery in the regulated kettle control market. Also at play was a margin squeeze from soaring copper and silver prices. Strix designs and supplies kettle safety controls and other components … Continue reading Strix plunges on profit warning