ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SRAD Stelrad Group Plc

129.00
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Stelrad Group Plc LSE:SRAD London Ordinary Share GB00BMHRMV23 ORD GBP1.00
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 129.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
125.00 133.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fabricated Plate Work 316.32M 4.31M 0.0338 38.31 164.92M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 129.00 GBX

Stelrad (SRAD) Latest News

Stelrad (SRAD) Discussions and Chat

Stelrad Forums and Chat

Date Time Title Posts
07/3/202406:32Stelrad: Steel Panel Radiators9

Add a New Thread

Stelrad (SRAD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-04-22 10:37:39133.0011.33O
2024-04-22 10:37:39133.0079.31O
2024-04-22 10:37:39123.0087107.01O
2024-04-22 10:37:39133.0033.99O
2024-04-22 10:37:39133.0022.66O

Stelrad (SRAD) Top Chat Posts

Top Posts
Posted at 22/4/2024 09:20 by Stelrad Daily Update
Stelrad Group Plc is listed in the Fabricated Plate Work sector of the London Stock Exchange with ticker SRAD. The last closing price for Stelrad was 129p.
Stelrad currently has 127,352,555 shares in issue. The market capitalisation of Stelrad is £164,921,559.
Stelrad has a price to earnings ratio (PE ratio) of 38.31.
This morning SRAD shares opened at -
Posted at 14/3/2022 13:42 by km18
Stelrad Group plc, a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, announced its FY21 numbers this morning. The business recorded good progress across all territories, overall revenue grew 38.5% to £272.3m. Statutory operating profit was up 36%, statutory profit and EPS up 68.5% to £14.7m and 121.51p respectively. The business listed in November 2021 and announced its maiden dividend of 0.96p per share. Valuation looks pretty reasonable with forward PE ratio and PS ratio top third for the Machinery, Equipment & Components market. The balance sheet is also strengthening with net debt down to £40.9m. Healthy profitability ratios have been enhanced by further production transfers to the low-cost Turkish facility. The outlook also looks optimistic with trading since the period end broadly in line with management expectations and the Group well placed to build on the strong momentum generated in 2021. BUY....

...from WealthOracleAM
Posted at 09/2/2022 12:08 by slicethepie
I share your concerns and a mate of mine just had an extremely poor response to a product failure which is always the sign of a company not focusing on the customer and relying on market trends to pull them along.
Posted at 16/1/2022 00:59 by philanderer
MIDAS SHARE TIPS: You'll warm to investing in trendy radiators with Stelrad - a company with a history stretching back to the 1930s
Posted at 10/11/2021 14:42 by hedgehog 100
Current share price 10th. November 2021: 228p
Market capitalisation: £290.36M.


"Keeping Europe warm"

"Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators."




05/11/2021 07:00 UK Regulatory (RNS & others) Stelrad Group PLC Announcement of Offer Price LSE:SRAD Stelrad Group Plc

"Offer Price set at 215 pence per Ordinary Share

Following the confirmation of intention to float announcement on 14 October 2021, the Company today announces the successful pricing of its initial public offering (the "IPO" or the "Offer") at 215 pence per Ordinary Share (the "Offer Price"). Based on the Offer Price, the Company's total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately GBP274 million.

Trevor Harvey, Chief Executive of Stelrad, commented:

"Today is a momentous day for Stelrad as we begin our life as a public company and embark on the next stage of our development. I'd like to extend my sincere thanks to everyone who has helped us get to this point, most notably our invaluable and hard-working employees.

We have been encouraged by the level of support received from investors who recognise the solid foundations the business is built upon and the platform for growth we have created. Our focus remains on exploiting the breadth of organic and inorganic growth opportunities on offer, continuing to focus on further improving our extensive product offering and the strong relationships we have with major distributors and specifiers.

Alongside this, we are also excited by the supportive market backdrop and the important role we can play as the world decarbonises."

Offer highlights:

-- The Offer Price has been set at 215 pence per Ordinary Share.

-- The Company's total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately GBP274 million based on the Offer Price.

-- The Offer comprises 11,627,907 new Ordinary Shares to be issued by the Company (raising gross proceeds of GBP25 million) and 32,558,130 existing Ordinary Shares to be sold by The Bregal Fund III L.P. (the "Major Shareholder") and certain members of management of the Company equating to a total offer size of approximately GBP95 million.

-- Immediately following Admission, the Company's issued share capital will be 127,352,555 Ordinary Shares.

-- Full details of the Offer will be included in the Prospectus, which is expected to be published later today and will be available on the Company's website at: hxxps://www.stelradplc.com/ipo-centre , subject to certain restrictions.

Admission and dealings:

-- Conditional dealings in the Ordinary Shares are expected to commence on the main market of the London Stock Exchange at 08:00 a.m. (London Time) on 5 November 2021 under the ticker "SRAD". Investors should note that only those who applied for and were allocated Ordinary Shares in the Offer will be able to deal in the Ordinary Shares on a conditional basis.

-- Admission to the premium listing segment of the Official List of the FCA and to trading on the main market for listed securities of the London Stock Exchange, and the commencement of unconditional dealings is expected to take place at 8.00 a.m. (London time) on 10 November 2021.

Further information:

-- It is expected that, subject to Admission and other conditions being met, the Company will in due course be considered eligible for inclusion in the FTSE UK indices."




10/11/2021 08:00 UK Regulatory (RNS & others) Stelrad Group PLC Admission to trading on the London Stock Exchange LSE:SRAD Stelrad Group Plc

"Further to the announcement on 5 November 2021 of the offer price of its initial public offering, the Company announces that its entire issued share capital, consisting of 127,352,555 Ordinary Shares, has today been admitted to the premium listing segment of the Official List of the FCA and to trading on the London Stock Exchange's Main Market for listed securities under the ticker "SRAD"."
Stelrad share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock