Stelrad Group plc

Impressive execution continues

  • Sectors : Building products
  • Companies : Stelrad Group plc

Ratings and price correct at time of issue.

  • Stelrad Group plc

    Closing Price: 153p

  • RATING 11/05/23

  • PREVIOUS RATING N/A

DAVY VIEW

Stelrad continues to deliver impressive and resilient results against an unhelpful market environment. Once again, the group’s performance is characterised by impressive operational management and cost discipline. It is positive that Stelrad’s outlook for the year is unchanged, which suggests the group should continue to make further progress in 2026. The stock offers good value at a current P/E multiple of under 11x.

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Aug 7 2026, 07:10 IST/BST

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