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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

Radiator firm Stelrad Group highlights strong trading in first stock market update

Northern radiator firm Stelrad has used its first 12-month trading update as a listed company to issue a bullish report on its 2021 performance.

The company - which is based in Newcastle, with its main manufacturing site at Mexborough, south Yorkshire - has issued a trading update for 2021 in which it says the strong trading detailed when it listed on the Stock Exchange in November was maintained.

Stelrad said trading in the UK had continued along the lines it outlined in its flotation, but had strengthened in Europe, driven by sales to the new build housing and commercial sectors.

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