Stelrad Group Plc (GB:SRAD) has released an update.
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Stelrad Group PLC, a leader in radiator manufacturing, remains confident in its strategic objectives for FY24 despite subdued market activity. The company is focusing on margin management, cost reduction, and selective investments, with promising signs of recovery in some European markets. At its Capital Markets Event, Stelrad outlined ambitious medium-term targets, emphasizing market share growth, product mix improvement, and decarbonisation positioning.
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