STELRAD GROUP
 
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SRAD - STELRAD GROUP - Share Chat

Price: Market Cap.: (Ā£m)

Stelrad Group is a leading international designer, manufacturer, and distributor of steel panel radiators, primarily serving the UK, European, and Turkish markets. Listed on the London Stock Exchange, the company commands significant market shares in key regions with a portfolio of well-recognised brands including Stelrad, Henrad, and Ideal Radiators.

Its operations encompass manufacturing facilities in the UK, Netherlands, and Turkey, supplying a broad customer base from independent merchants to large national distributors. Stelrad’s business model capitalises on both new build construction and the substantial replacement market, driven by trends in energy efficiency upgrades and boiler replacements. While exposed to cyclicality in construction and raw material price fluctuations, the Group’s established distribution networks, operational efficiency, and focus on sustainable hydronic heating solutions underpin its robust market position.

Posts: 1675
Topic starter
(@mrmultibagger)
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Joined: 3 years ago

Chat about STELRAD GROUP


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Posts: 1675
Topic starter
(@mrmultibagger)
Member
Joined: 3 years ago

Stelrad Group (SRAD) FY23 results were strong, with great cash generation and a dividend increase! Yet, they're flagging a cautious H1 2024. Are you feeling optimistic about their outlook in the current housing market? What are your thoughts on their long-term prospects here?


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