Stelrad Group Plc (GB:SRAD) has released an update.
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Stelrad Group PLC, a leader in the radiator manufacturing and distribution sector, has reported a stable financial performance aligning with management’s expectations and remains optimistic about meeting its full-year outlook despite challenging market conditions. The company is experiencing early recovery signs in key markets and benefits from a strong strategic position and successful cost and margin management. Stelrad’s expansion into high-margin products is already yielding positive results in terms of increased average selling prices and margins.
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