Strix Group

KETL · AIM · Industrial Goods and Services · mcap £64m · 32.1p

Strix designs and makes safety and temperature controls for kettles and other appliances, plus water filtration and consumer products such as LAICA. Until 2026 it also owned Billi, an Australian maker of premium boiling and chilled water taps.

Financials · LTM to 31 Mar 26

Source: results 04 Aug 26 ↗

Revenue: £82.4m
Operating profit: £2.8m
Net income: £48.2m
Free cash flow: £10.5m
Net cash: £38.7m
£10.00m paid to shareholders after 31 Mar 26 (14 May 2026) – source
Market cap: £73.8m
EV / EBIT: 16.5×
FCF yield: +14.3%
Price / book: 0.7×

Latest half-year · H1 Jun 25 vs H1 Jun 24 results 30 Sep 25 ↗

Revenue: £60.5m
Operating profit: £6.7m
Net income: £1.2m
Cash from operations: £4.0m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

As reported Key figures

Income statement Balance sheet Cash flow

Annual Half-yearly

Every line as the company printed it, newest first – each period in the latest version the company published (restated figures where a later report restated them), in its own currency and units. Italic = calculated (H2 = full year − first half). The column headings link to the announcements.

Latest report: FY Dec 24 (twelve months to 31 Dec 24), published 04 Aug 26 · read the results ↗

	FY Mar 26 (15m) source	FY Dec 24 source	FY Dec 23 source	FY Dec 22 source
Income statement
Revenue - before adjusting items	102,949	100,916	–	–
Revenue - adjusting items 6(b)	-	(2,200)	–	–
Revenue	102,949	98,716	144,586	106,920
Cost of sales - before adjusting items	(74,558)	(67,189)	(87,398)	(65,395)
Cost of sales - adjusting items	–	–	(99)	(847)
Cost of sales - adjusting items 6(b)	(2,084)	(818)	–	–
Cost of sales	(76,642)	(68,007)	(87,497)	(66,242)
Gross profit	26,307	30,709	57,089	40,678
Distribution costs	(10,276)	(8,511)	(10,896)	(10,824)
Administrative expenses - before adjusting items	(8,988)	(7,424)	(14,679)	(5,570)
Administrative expenses - adjusting items	–	–	(4,127)	(5,101)
Administrative expenses - adjusting items 6(b)	(3,952)	(9,394)	–	–
Administrative expenses	(12,940)	(16,818)	(18,806)	(10,671)
Share of profits/(losses) from joint ventures	–	–	85	(18)
Other operating income	417	402	442	751
Operating profit - before adjusting items	9,544	18,194	–	–
Adjusting items 6(b)	(6,036)	(12,412)	–	–
Operating profit	3,508	5,782	27,914	19,916
Adjusted EBITDA 1	–	–	39,585	32,128
Amortisation	–	–	(3,365)	(2,063)
Depreciation	–	–	(5,341)	(4,201)
Adjusting items	–	–	(2,965)	(5,948)
Operating profit	–	–	27,914	19,916
Finance costs - before adjusting items	(7,736)	(8,911)	–	–
Adjusting items 6(b)	(498)	-	–	–
Finance costs	(8,234)	(8,911)	(10,386)	(3,925)
Finance income	316	229	175	59
Profit before taxation - before adjusting items	2,124	9,512	–	–
Adjusting items 6(b)	(6,534)	(12,412)	–	–
Loss before taxation	(4,410)	(2,900)	17,703	16,050
Income tax (expense)/credit	–	–	(1,543)	805
Profit for the year	–	–	16,160	16,855
Exchange differences on translation of foreign operations	–	–	(1,612)	1,495
Total comprehensive income for the year	–	–	14,548	18,350
Income tax expense	(2,525)	(1,171)	–	–
(Loss)/profit from continuing operations - before adjusting items	(401)	8,341	–	–
Adjusting items 6(b)	(6,534)	(12,412)	–	–
Loss from continuing operations	(6,935)	(4,071)	–	–
Profit from discontinued operations - before adjusting items	6,758	6,396	–	–
Profit/(loss) from discontinued operations - adjusting items 6(b)	60,320	(3,683)	–	–
Profit from discontinued operations	67,078	2,713	–	–
Profit/(loss) for the Period	60,143	(1,358)	–	–
Profit/(loss) for the Period attributable to
Equity holders of the Company	60,240	(1,377)	16,203	16,790
Non-controlling interests	(97)	19	(43)	65
Total profit for the year attributable to	–	–	16,160	16,855
Equity holders of the Company	–	–	14,602	18,324
Non-controlling interests	–	–	(54)	26
	–	–	14,548	18,350
Total profit/(loss) for the Period attributable to	60,143	(1,358)	–	–
Continuing operations	(6,838)	(4,090)	–	–
Discontinued operations	67,078	2,713	–	–
Total profit/(loss) for the Period attributable to	60,240	(1,377)	–	–
Loss per share (pence) from continuing operations
Basic	(3.0)	(1.8)	7.4	8.0
Diluted	(3.0)	(1.8)	7.3	7.9
Earnings/(loss) per share (pence) from total operations
Basic	26.2	(0.6)	–	–
Diluted	26.2	(0.6)	–	–

	H2 Mar 26 (9m) calc.	H1 Jun 25 source	H2 Dec 24 calc.	H1 Jun 24 source	H2 Dec 23 calc.	H1 Jun 23 source
Revenue - before adjusting items	42,448	60,501	34,820	66,096	–	64,948
Revenue - adjusting items	–	-	–	(2,200)	–	-
Revenue	42,448	60,501	34,820	63,896	79,638	64,948
Cost of sales - before adjusting items	(36,026)	(38,532)	(27,487)	(39,702)	(46,392)	(41,006)
Cost of sales - adjusting items	–	165	–	(1,062)	(33)	(66)
Cost of sales	(38,275)	(38,367)	(27,243)	(40,764)	(46,425)	(41,072)
Gross profit	4,173	22,134	7,577	23,132	33,213	23,876
Distribution costs	(5,797)	(4,479)	(3,022)	(5,489)	(6,036)	(4,860)
Administrative expenses - before adjusting items	(990)	(7,998)	910	(8,334)	(7,396)	(7,283)
Administrative expenses - adjusting items	–	(3,095)	–	(8,415)	(2,298)	(1,829)
Administrative expenses	(1,847)	(11,093)	(69)	(16,749)	(9,694)	(9,112)
Share of losses from joint ventures	–	–	–	–	–	(25)
Other operating income	258	159	208	194	307	135
Operating profit - before adjusting items	(107)	9,651	5,429	12,765	–	–
Adjusting items	–	(2,930)	–	(11,677)	–	–
Operating profit	(3,213)	6,721	4,694	1,088	17,900	10,014
Finance costs	(4,563)	(3,671)	(3,902)	(5,009)	(5,357)	(5,029)
Finance income	242	74	138	91	108	67
Profit before taxation - before adjusting items	(3,930)	6,054	1,665	7,847	–	–
Adjusting items	–	(2,930)	–	(11,677)	–	–
Profit/(loss) before taxation	(7,534)	3,124	930	(3,830)	12,651	5,052
Income tax expense - before adjusting items	–	(2,123)	–	(1,350)	–	–
Income tax credit - adjusting items	–	134	–	150	–	–
Income tax expense	(536)	(1,989)	29	(1,200)	–	(1,109)
Profit from continuing operations - before adjusting items	(4,332)	3,931	1,844	6,497	–	–
Adjusting items	–	(2,796)	–	(11,527)	–	–
Profit/(loss) from continuing operations	(8,070)	1,135	959	(5,030)	–	3,943
Loss from discontinued operations - before adjusting items	6,758	-	6,641	(245)	–	(116)
Loss from discontinued operations - adjusting items	–	-	–	(2,494)	–	-
Loss from discontinued operations	67,078	-	5,452	(2,739)	–	(116)
Profit/(loss) for the period	59,008	1,135	6,411	(7,769)	–	3,827
(Loss)/profit for the period	–	–	–	–	–	3,827
Exchange differences on translation of foreign operations	–	–	–	–	(818)	(794)
Exchange differences on translation of discontinued operation	–	–	–	–	–	(177)
Total comprehensive (expense)/income	–	–	–	–	–	2,856
Equity holders of the Company	59,035	1,205	6,419	(7,796)	12,347	3,856
Non-controlling interests	(27)	(70)	(8)	27	(14)	(29)
Total profit/(loss) for the period attributable to	59,008	1,135	6,411	(7,769)	–	3,827
Equity holders of the Company	–	–	–	–	11,702	2,900
Non-controlling interests	–	–	–	–	(10)	(44)
	–	–	–	–	–	2,856
Continuing operations	(8,043)	1,205	967	(5,057)	–	3,193
Discontinued operations	67,078	-	5,452	(2,739)	–	(293)
	–	–	–	–	–	2,900
Total profit/(loss) for the period attributable to	59,035	1,205	6,419	(7,796)	–	–
Basic	(3.5)	0.5	0.5	(2.3)	5.6	1.8
Diluted	(3.5)	0.5	0.5	(2.3)	5.5	1.8
Basic	25.7	0.5	2.9	(3.5)	–	1.8
Diluted	25.7	0.5	2.9	(3.5)	–	1.7
*Prior period numbers have been re-presented (see note	–	1)	–	–	–	–

	31 Mar 26 source	31 Dec 24 source	31 Dec 23 source	31 Dec 22 source
ASSETS
Non-current assets
Intangible assets	25,831	63,021	73,409	73,374
Property, plant and equipment	37,867	44,143	46,215	47,364
Deferred tax asset	488	1,512	957	-
Investments in joint ventures	–	–	1	19
Net investments in finance leases	–	–	11	16
Total non-current assets	64,186	108,676	120,593	120,773
Current assets
Inventories	15,933	25,391	25,440	27,702
Trade and other receivables	11,731	22,676	27,713	29,791
Current income tax receivable	68	292	220	497
Cash and cash equivalents	45,261	15,117	20,114	30,443
Total current assets	72,993	63,476	73,487	88,433
Total assets	137,179	172,152	194,080	209,206
EQUITY AND LIABILITIES
Equity
Share capital and share premium	32,003	32,002	23,642	23,861
Share based payment reserve	–	–	572	202
Own shares held reserve	(3,093)	-	–	–
Retained earnings	78,631	18,659	18,167	12,479
Foreign currency translation reserve	(825)	(5,731)	–	–
Non-controlling interests	365	671	653	707
Total equity	107,081	45,601	43,034	37,249
Current liabilities
Trade and other payables	19,463	30,729	27,165	29,963
Borrowings	6,316	11,230	16,062	14,734
Lease liabilities	338	1,129	1,218	1,069
Contingent consideration	–	–	-	7,532
Current income tax liabilities	507	2,396	2,074	444
Total current liabilities	26,624	45,484	46,519	53,742
Non-current liabilities
Lease liabilities	243	2,545	3,592	2,819
Deferred tax liability	–	–	10,304	11,387
Deferred tax liabilities	2,187	8,998	–	–
Borrowings	253	68,807	89,743	103,092
Post-employment benefits 5(c)	791	717	888	917
Total non-current liabilities	3,474	81,067	104,527	118,215
Total liabilities	30,098	126,551	151,046	171,957
Total equity and liabilities	137,179	172,152	194,080	209,206

	31 Mar 26 source	30 Jun 25 source	31 Dec 24 source	30 Jun 24 source	31 Dec 23 source
ASSETS
Non-current assets
Intangible assets	25,831	61,830	63,021	68,409	73,409
Property, plant and equipment	37,867	48,011	44,143	44,231	46,215
Deferred tax asset	488	916	1,512	922	957
Investments in joint ventures	–	–	–	1	1
Net investments in finance leases	–	–	–	-	11
Total non-current assets	64,186	110,757	108,676	113,563	120,593
Current assets
Inventories	15,933	31,193	25,391	27,593	25,440
Trade and other receivables	11,731	23,537	22,676	20,816	27,713
Current income tax receivable	68	-	292	354	220
Cash and cash equivalents	45,261	12,697	15,117	19,960	20,114
Total current assets	72,993	67,427	63,476	68,723	73,487
Assets classified held for sale	–	–	–	399	–
Total current assets	–	–	–	69,122	–
Total assets	137,179	178,184	172,152	182,685	194,080
EQUITY AND LIABILITIES
Equity
Share capital and share premium	32,003	32,002	32,002	32,002	23,642
Share based payment reserve	–	–	–	126	572
Own shares held reserve	(3,093)	–	-	–	–
Retained earnings	78,631	20,391	18,659	9,879	18,167
Foreign currency translation reserve	(825)	(6,356)	(5,731)	–	–
Non-controlling interests	365	616	671	665	653
Total equity	107,081	46,653	45,601	42,672	43,034
Current liabilities
Trade and other payables	19,463	31,163	30,729	31,365	27,165
Borrowings	6,316	5,261	11,230	16,326	16,062
Future lease liabilities	–	–	–	1,217	–
Lease liabilities	338	1,501	1,129	–	1,218
Contingent consideration	–	–	–	–	-
Current income tax liabilities	507	2,236	2,396	2,113	2,074
Liabilities associated with assets held for sale	–	–	–	826	–
Total current liabilities	26,624	40,161	45,484	51,847	46,519
Non-current liabilities
Future lease liabilities	–	–	–	3,081	–
Lease liabilities	243	5,942	2,545	–	3,592
Deferred tax liability	–	8,693	–	10,145	10,304
Deferred tax liabilities	2,187	–	8,998	–	–
Borrowings	253	75,997	68,807	74,169	89,743
Post-employment benefits	–	738	–	771	–
Post-employment benefits 5(c)	791	–	717	–	888
Total non-current liabilities	3,474	91,370	81,067	88,166	104,527
Total liabilities	30,098	131,531	126,551	140,013	151,046
Total equity and liabilities	137,179	178,184	172,152	182,685	194,080

	FY Mar 26 (15m) source	FY Dec 24 source	FY Dec 23 source	FY Dec 22 source
Cash flows from operating activities
Cash generated from operations	–	–	38,902	24,567
Cash generated from operations 25(a)	26,903	35,817	–	–
Tax paid	(4,793)	(3,690)	(1,297)	(1,204)
Net cash generated from operating activities	22,110	32,127	37,605	23,363
Cash flows from investing activities
Purchase of property, plant and equipment	(5,298)	(4,952)	(3,296)	(4,749)
Cash outflows from capitalised development costs	–	–	(3,560)	(3,326)
Purchase of LAICA S.p.A (deferred consideration)	–	–	(7,502)	(1,671)
Consideration refund/(purchase of Billi, net of cash acquired)	–	–	1,046	(37,658)
Capitalised development costs	(1,942)	(2,629)	–	–
Purchase of other intangibles	(464)	(662)	(1,169)	(484)
Payment for acquisition of LAICA Brand House, net of cash acquired	-	130	–	–
Disposal of discontinued operation, net of cash disposed*	102,526	(605)	–	–
Finance income	344	224	180	59
Net cash used in investing activities	–	–	(14,301)	(47,829)
Net cash generated/(used) in investing activities	95,166	(8,494)	–	–
Cash flows from financing activities
Drawdowns under credit facility	–	–	-	46,487
Purchase of own shares	(2,893)	-	–	–
Proceeds from borrowings	6,096	-	–	–
Repayment of borrowings	(80,582)	(25,957)	(15,114)	-
Finance costs paid	(7,709)	(8,679)	(7,611)	(3,263)
Principal elements of lease payments	(1,689)	(1,847)	(1,426)	(833)
(Transaction costs)/net proceeds from issue of new shares	–	–	(219)	10,715
Dividends paid	–	–	(9,070)	(17,300)
Net cash (used in)/generated from financing activities	–	–	(33,440)	35,806
Net proceeds from issue of new shares	-	8,358	–	–
Dividend paid to non-controlling interests	(154)	-	–	–
Net cash used in financing activities	(86,931)	(28,125)	–	–
Net increase/(decrease) in cash and cash equivalents	30,345	(4,492)	(10,136)	11,340
Cash and cash equivalents at the beginning of the year	–	–	30,443	19,670
Cash and cash equivalents at the beginning of the Period	15,117	20,114	–	–
Effects of foreign exchange on cash and cash equivalents	(201)	(505)	(193)	(567)
Cash and cash equivalents at the end of the year	–	–	20,114	30,443
Cash and cash equivalents at the end of the Period	45,261	15,117	–	–

	H2 Mar 26 (9m) calc.	H1 Jun 25 source	H2 Dec 24 calc.	H1 Jun 24 source	H2 Dec 23 calc.	H1 Jun 23 source
Cash generated from operations 9(a)	21,476	5,427	17,877	17,940	–	14,443
Tax paid	(3,353)	(1,440)	(2,325)	(1,365)	30	(1,327)
Net cash generated from operating activities	18,123	3,987	15,552	16,575	24,489	13,116
Purchase of property, plant and equipment	(3,474)	(1,824)	(3,430)	(1,522)	42	(3,338)
Capitalised development costs	(1,028)	(914)	(561)	(2,068)	–	(2,747)
Earnout payments regarding the acquisition of LAICA	–	–	–	–	–	(7,499)
Consideration refunded regarding the acquisition of Billi	–	–	–	–	–	1,046
Purchase of other intangibles	(160)	(304)	(341)	(321)	(706)	(463)
Finance income	270	74	133	91	115	65
Net cash used in investing activities	–	(2,968)	–	(3,820)	(1,365)	(12,936)
Repayments of non-current borrowings 13(b)	–	–	–	–	–	(3,661)
Drawdowns/(repayments) of borrowings 9(b)	–	576	–	(15,550)	–	–
Finance costs paid	(4,709)	(3,000)	(4,034)	(4,645)	(3,253)	(4,358)
Principal elements of lease payments	–	–	–	–	(937)	(489)
Principal elements of lease payments 9(b)	–	(966)	–	(849)	–	–
Net proceeds from issue of new shares	-	-	(60)	8,418	–	-
Net cash used in financing activities	(83,541)	(3,390)	(15,499)	(12,626)	–	(8,508)
Net (decrease)/increase in cash and cash equivalents	32,716	(2,371)	(4,621)	129	(1,808)	(8,328)
Cash and cash equivalents at the beginning of the period	-	15,117	-	20,114	–	30,443
Effects of foreign exchange on cash and cash equivalents	(152)	(49)	(224)	(281)	491	(684)
Cash and cash equivalents at the end of the period	32,564	12,697	(4,845)	19,962	–	21,431

	FY Mar 26 (15m)	FY Dec 24	FY Dec 23	FY Dec 22
Revenue to operating profit
Revenue	102.9	98.7	144.6	106.9
Gross profit	26.3	30.7	57.1	40.7
Adjusted EBITDA	–	–	39.6	32.1
Adjusted operating profit	9.5	18.2	–	–
Exceptional / adjusting items	(6.0)	(12.4)	(3.0)	(5.9)
Operating profit	3.5	5.8	27.9	19.9
Depreciation (owned assets)	–	–	4.0	3.3
Depreciation (right-of-use)	–	–	1.3	0.9
Amortisation	–	–	(3.4)	(2.1)
Share-based payments	–	–	0.4	(0.5)
Operating profit to net income
Finance costs	(8.2)	(8.9)	(10.4)	(3.9)
Profit before tax	(4.4)	(2.9)	17.7	16.1
Tax	(2.5)	(1.2)	(1.5)	0.8
Net income (owners)	60.2	(1.4)	16.2	16.8
Discontinued operations	67.1	2.7	–	–
Per share
EPS basic	26.2p	(0.6p)	7.4p	8.0p
EPS diluted	26.2p	(0.6p)	7.3p	7.9p
Dividend per share	–	–	0.9p	6.0p

	H2 Mar 26 (9m)	H1 Jun 25	H2 Dec 24	H1 Jun 24	H2 Dec 23	H1 Jun 23
Revenue to operating profit
Revenue	42.4	60.5	34.8	63.9	79.6	64.9
Gross profit	4.2	22.1	7.6	23.1	33.2	23.9
Adjusted EBITDA	–	–	–	16.7	24.0	15.6
Adjusted operating profit	(0.1)	9.7	5.4	12.8	–	–
Exceptional / adjusting items	(3.1)	(2.9)	(0.7)	(11.7)	–	–
Operating profit	(3.2)	6.7	4.7	1.1	17.9	10.0
Share-based payments	–	0.5	–	–	–	–
Operating profit to net income
Finance costs	(4.6)	(3.7)	(3.9)	(5.0)	(5.4)	(5.0)
Profit before tax	(7.5)	3.1	0.9	(3.8)	12.7	5.1
Tax	(0.5)	(2.0)	0.0	(1.2)	(0.4)	(1.1)
Net income (owners)	59.0	1.2	6.4	(7.8)	12.3	3.9
Discontinued operations	67.1	0.0	5.5	(2.7)	–	(0.1)
Per share
EPS basic	25.7p	0.5p	2.9p	(3.5p)	5.6p	1.8p
EPS diluted	25.7p	0.5p	2.9p	(3.5p)	5.6p	1.7p

	FY Mar 26 (15m)	FY Dec 24	FY Dec 23	FY Dec 22
Operating activities
Cash from operations	22.1	32.1	37.6	23.4
Interest paid	(7.7)	(8.7)	(7.6)	(3.3)
Tax paid	(4.8)	(3.7)	(1.3)	(1.2)
Investing activities
Capex (PP&E)	(5.3)	(5.0)	(3.3)	(4.7)
Capex (intangibles)	(1.9)	(2.6)	(3.6)	(3.3)
Financing activities
Lease principal paid	(1.7)	(1.8)	(1.4)	(0.8)
Dividends paid	–	–	(9.1)	(17.3)
Share buybacks	(2.9)	–	–	–
Shares issued	–	8.4	(0.2)	10.7

	H2 Mar 26 (9m)	H1 Jun 25	H2 Dec 24	H1 Jun 24	H2 Dec 23	H1 Jun 23
Operating activities
Cash from operations	18.1	4.0	15.6	16.6	24.5	13.1
Interest paid	(4.7)	(3.0)	(4.0)	(4.6)	(3.3)	(4.4)
Tax paid	(3.4)	(1.4)	(2.3)	(1.4)	0.0	(1.3)
Investing activities
Capex (PP&E)	(3.5)	(1.8)	(3.4)	(1.5)	0.0	(3.3)
Capex (intangibles)	(1.0)	(0.9)	(0.6)	(2.1)	(0.8)	(2.7)
Financing activities
Lease principal paid	(0.7)	(1.0)	(1.0)	(0.8)	(0.9)	(0.5)
Shares issued	–	0.0	(0.1)	8.4	–	–

	31 Mar 26	31 Dec 24	31 Dec 23	31 Dec 22
Non-current assets
Other intangibles	25.8	63.0	73.4	73.4
Property, plant & equipment	37.9	44.1	46.2	47.4
Associates & JVs	–	–	0.0	0.0
Non-current assets	64.2	108.7	120.6	120.8
Current assets
Inventories	15.9	25.4	25.4	27.7
Trade receivables	11.7	22.7	27.7	29.8
Cash	45.3	15.1	20.1	30.4
Current assets	73.0	63.5	73.5	88.4
Total assets	137.2	172.2	194.1	209.2
Current liabilities
Trade payables	19.5	30.7	27.2	30.0
Borrowings, current	6.3	11.2	16.1	14.7
Lease liabilities, current	0.3	1.1	1.2	1.1
Current liabilities	26.6	45.5	46.5	53.7
Non-current liabilities
Borrowings, non-current	0.3	68.8	89.7	103.1
Lease liabilities, non-current	0.2	2.5	3.6	2.8
Deferred consideration	–	–	0.0	7.5
Pension surplus / (deficit)	(0.8)	(0.7)	(0.9)	(0.9)
Non-current liabilities	3.5	81.1	104.5	118.2
Total liabilities	30.1	126.6	151.0	172.0
Equity
Non-controlling interests	0.4	0.7	0.7	0.7
Total equity	107.1	45.6	43.0	37.2
Net cash and other figures
Net cash / (debt) ex leases	38.7	–	(83.7)	(87.4)
Net cash / (debt) incl. leases	–	–	(90.5)	–
Undrawn facilities	25.0	10.5	0.0	–

	31 Mar 26	30 Jun 25	31 Dec 24	30 Jun 24	31 Dec 23	30 Jun 23
Non-current assets
Other intangibles	25.8	–	63.0	–	73.4	–
Property, plant & equipment	37.9	48.0	44.1	44.2	46.2	–
Associates & JVs	–	–	–	0.0	0.0	–
Non-current assets	64.2	110.8	108.7	113.6	120.6	–
Current assets
Inventories	15.9	31.2	25.4	27.6	25.4	–
Trade receivables	11.7	23.5	22.7	20.8	27.7	–
Cash	45.3	12.7	15.1	20.0	20.1	–
Current assets	73.0	67.4	63.5	69.1	73.5	–
Total assets	137.2	178.2	172.2	182.7	194.1	–
Current liabilities
Trade payables	19.5	31.2	30.7	31.4	27.2	–
Borrowings, current	6.3	5.3	11.2	16.3	16.1	–
Lease liabilities, current	0.3	1.5	1.1	1.2	1.2	–
Current liabilities	26.6	40.2	45.5	51.8	46.5	–
Non-current liabilities
Borrowings, non-current	0.3	76.0	68.8	74.2	89.7	–
Lease liabilities, non-current	0.2	5.9	2.5	3.1	3.6	–
Deferred consideration	–	–	–	–	0.0	–
Pension surplus / (deficit)	(0.8)	–	(0.7)	(0.8)	(0.9)	–
Non-current liabilities	3.5	91.4	81.1	88.2	104.5	–
Total liabilities	30.1	131.5	126.6	140.0	151.0	–
Equity
Non-controlling interests	0.4	0.6	0.7	0.7	0.7	–
Total equity	107.1	46.7	45.6	42.7	43.0	–
Net cash and other figures
Net cash / (debt) ex leases	38.7	–	–	(68.8)	(83.7)	(93.1)
Net cash / (debt) incl. leases	–	–	–	–	(90.5)	–
Undrawn facilities	25.0	–	10.5	9.0	0.0	–

Read automatically from each results announcement. Check the source before relying on a figure.

Company filings. Not investment advice.