Business
Preliminary Announcement of Final Results
Preliminary Announcement of Final Results.
About this update from Stelrad Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n Stelrad Group plc - preliminary announcement of final results for the year ended 31 December 2022\n \n \n \n \n \n \n \n \n \n Record results underpinned by resilient business model\n \n \n \n \n \n \n Stelrad Group plc (\"Stelrad\" or \"the Group\" or \"the Company\", LSE: SRAD), a leading specialist manufacturer and distributor of steel panel and other designer radiators in the UK, Europe and Turkey, today announces its audited financial results for the year ended 31 December 2022.\n \n \n \n \n \n \n \n \n \n \n \n \n Results summary*\n \n \n \n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n Increase/ (decrease) %\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue (pre-IAS 29), £m**\n \n \n \n \n 312.1\n \n \n \n \n \n \n \n \n \n \n \n 272.3\n \n \n \n \n \n \n \n \n \n \n \n 14.6\n \n \n \n \n \n \n Adjusted operating profit, £m **\n \n \n \n \n 34.0\n \n \n \n \n \n \n \n \n \n \n \n 33.2\n \n \n \n \n \n \n \n \n \n \n \n 2.4\n \n \n \n \n \n \n Adjusted profit for the year, £m **\n \n \n \n \n 24.3\n \n \n \n \n \n \n \n \n \n \n \n 21.6\n \n \n \n \n \n \n \n \n \n \n \n 12.9\n \n \n \n \n \n \n Adjusted Earnings per share, pence **\n \n \n \n \n 19.11\n \n \n \n \n \n \n \n \n \n \n \n 16.92\n \n \n \n \n \n \n \n \n \n \n \n 12.9\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Statutory revenue, £m\n \n \n \n \n 316.3\n \n \n \n \n \n \n \n \n \n \n \n 272.3\n \n \n \n \n \n \n \n \n \n \n \n 16.2\n \n \n \n \n \n \n Statutory operating profit, £m\n \n \n \n \n 22.6\n \n \n \n \n \n \n \n \n \n \n \n 26.6\n \n \n \n \n \n \n \n \n \n \n \n (14.8)\n \n \n \n \n \n \n Statutory profit for the year, £m\n \n \n \n \n 4.3\n \n \n \n \n \n \n \n \n \n \n \n 14.7\n \n \n \n \n \n \n \n \n \n \n \n (70.6)\n \n \n \n \n \n \n Statutory earnings per share, pence\n \n \n \n \n 3.38\n \n \n \n \n \n \n \n \n \n \n \n 11.51\n \n \n \n \n \n \n \n \n \n \n \n (70.6)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \...