Investor Presentaiton
STRIX TECHNOLOGY
2021 Highlights
Financial
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Investor Presentation | FY2021 Final Results
Operational
Strategic
Revenue increased 28.8% (on a constant currency
basis) to £119.4m driven by both organic growth and
the acquisition of LAICA
Adjusted EBITDA increased by 6.3% to £40.5m with the
inclusion of LAICA alongside a few headwinds which
continue to persist including supply chain, freight cost
inflation and adverse foreign exchange rates
Net debt has increased to £51.2m representing a net
debt/adjusted EBITDA ratio (calculated on a trailing
twelve-month basis) of 1.3x
Increase total dividend to 8.35p per share in line with
progressive dividend policy linked to underlying
earnings
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On track to deliver medium-term targets to double the
Group's revenues over a five-year period
Expanded global market share by a further 1% to 56%
by value of the kettle controls market
■ Acquisition of LAICA continues to be successfully
integrated in line with plan to achieve the identified.
benefits and the trading performance has been strong
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New manufacturing operations in China are now fully
operational
Strong progress through the year with new product
launches
Production efficiency of core kettle products improved
with 73% of all assembly lines now fully automated
■Launching of sustainability report and "Sustainable.
Innovative. Dependable." Strategy
■ Industry leading and ambitious decarbonisation target -
scope 1 & 2 net zero by 2023 demonstrates
commitment to sustainability agenda
Defence of intellectual property and regulatory
enforcement remain core activities of our business and
there have now been 66 in total since 2017
Strix
TECHNOLOGY
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