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Specialist radiators manufacturer, Stelrad, has released an update regarding the outlook for the financial year following its Annual General Meeting.
Despite ongoing subdued market demand impacting volumes, Stelrad reports trading in 2026 to date is in line with management expectations, and the Group’s full year outlook remains unchanged from that given in the full year results published on March 13 2026.
Chief executive officer of Stelrad, Trevor Harvey, commented: “Stelrad has made a positive start to the year and has traded in line with expectations. This performance is a testament to our competitive advantages and the operational excellence initiatives the Group has undertaken in recent years to enhance our contribution per radiator.
“We remain focused on ensuring that our operations are fully optimised and, with our strong market positions and structural tailwinds from decarbonisation, we remain confident in our ability to deliver further progress, drive market share gains, and provide long-term value for all stakeholders.”
Stelrad intends to announce its interim results for the six months ending June 30 2026 on August 7 2026 and will provide a further update on its progress at this time.
