North East radiator manufacturer Stelrad says its products “remain central” to how people across Europe will cope with rising energy costs.
The Newcastle-based firm – which has 1,300 employees across its main manufacturing base in Mexborough, South Yorkshire, and bases in Holland and Turkey – issued a trading update ahead of its AGM, highlighting its current trading, financial performance, and outlook for the financial year.
Year to date, the group said its has performed slightly ahead of management expectations, with the outlook for the group remaining unchanged.