UK small-cap RNS · 9 Mar 2026
Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.
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07:00
Strix Group KETL £64mReview of the Last Six Months & Trading Update Trading updateGives FY26 figures for the first time: revenue c.£150m, adjusted PBT £9.8-10.2m. Controls is still improving, but expected volume catch-up in regulated markets has not come and promotions are being cut.Turnaround plan with targets £150.0m · 235% of mcapoutlook mixedfirst since Oct 2023 −8.3% on the dayMoved: Reduce net debt to EBITDA to 1.5x by end of 2025: on_track → changed – Disposal proceeds moved the Group to net cash of c.£35m on completion, replacing the 1.5x leverage target. · Accelerated debt reduction: Proceeds received; net cash c.£35m → Debt repaid; net cash; inventory target met (closed) · Post-disposal capital returns: £10m buyback to be announced next week → £10m buyback under way; more under review
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07:00
Trading Update Trading updateFull-Year Trading Update and Notice of Final Resultsfirst since Oct 2023 +52.8% on the day