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Stelrad Group (SRAD) investor relations material
Stelrad Group Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading performance and outlook
Trading year-to-date aligns with management expectations, with no change to the full-year outlook given in March 2026.
Profitability has improved due to ongoing commercial and operational initiatives, offsetting weaker market demand.
Supply chain and inventory remain robust, with no anticipated disruption from Middle East events.
Flexible, low-cost manufacturing and strong customer service support confidence in meeting full-year targets.
Long-term market attractiveness is underpinned by structural growth drivers and decarbonisation trends.
Strategic positioning and market leadership
Holds a 24.2% share by volume in the European steel panel radiator market (excluding Russia and Belarus).
Market leader in six countries and top three in twelve additional territories.
Five core brands and a broad product range serve over 500 customers in more than 40 countries.
Operations optimised for agility and market share gains, supported by a strong manufacturing footprint.
Long-standing customer relationships, with top five customers served for over twenty years.
Upcoming events
Interim results for the six months ending 30 June 2026 will be announced on 7 August 2026.
- Adjusted operating profit grew 3% despite a 3.8% revenue decline, with strong cash generation.SRAD
H2 202513 Mar 2026 - Adjusted operating profit up 12.8% and market share at 20.8% despite revenue decline.SRAD
H1 20241 Feb 2026 - Adjusted operating profit rose 3% to £32.5m, with improved margins and lower net debt.SRAD
Q4 2025 TU30 Jan 2026 - Premiumization and decarbonization drive growth, margin, and market leadership in core markets.SRAD
Investor & Trading Update14 Jan 2026 - Profit and margins rose despite lower revenue, with a 2% dividend increase and strong outlook.SRAD
H2 202426 Dec 2025 - Adjusted profit up 1.1% to £15.9m, dividend raised, SPA impairment, outlook steady.SRAD
H1 202523 Nov 2025 - Margin management and cost controls drive profit growth despite subdued market demand.SRAD
Trading Update17 Nov 2025 - Adjusted operating profit exceeds expectations as margin gains offset lower volumes.SRAD
Trading Update6 Jun 2025
Next Stelrad Group earnings date
Next Stelrad Group earnings date
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