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FLO Flowtech Fluidpower Plc

112.00
0.00 (0.00%)
Last Updated: 08:04:44
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Flowtech Fluidpower Plc LSE:FLO London Ordinary Share GB00BM4NR742 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 112.00 108.50 113.00 4,968 08:04:44
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fluid Powr Cylindrs,actuatrs 114.77M -6.25M -0.1017 -11.01 68.87M

Flowtech Fluidpower PLC 2017 Annual Report - year ended 31 December 2017 (1038N)

04/05/2018 3:30pm

UK Regulatory


TIDMFLO

RNS Number : 1038N

Flowtech Fluidpower PLC

04 May 2018

 
 NEWS RELEASE 
  Issued on behalf of Flowtech Fluidpower 
  plc 
  Friday, 4 May 2018 
  Immediate Release 
 
                                     FLOWTECH FLUIDPOWER PLC 
                              ("Flowtech" the "Group" or "Company") 
 
                           2017 Annual Report and Financial Statements 
                               for the year ended 31 December 2017 
 
 
    The full Financial Statements for the year ended 31 December 2017 have 
    been published on the Company's website at http://flowtechfluidpower.annualreport2017.com 
    together with the Notice convening the Company's 2018 Annual General Meeting. 
    A copy of the Annual Report, together with related documents has been sent 
    to shareholders who elected to receive printed versions of this documentation. 
    Copies can also be requested by writing to The Company Secretary, Flowtech 
    Fluidpower plc, Pimbo Road, Skelmersdale, Lancashire, WN8 9RB or email 
    info@flowtechfluidpower.com. 
 
    ANNUAL GENERAL MEETING 
    The Annual General Meeting will be held at 10am on 6 June 2018, at the 
    offices of our solicitors, DLA Piper UK LLP, 
    1 St Peter's Square, Manchester, M2 3DE. 
 
 
    Enquiries to: 
    Flowtech Fluidpower plc 
    Bryce Brooks, Chief Financial Officer & Company Secretary 
    Tel: +44 (0) 1695 52796 
 
    Zeus Capital Limited (Nominated Adviser and Broker) 
    Andrew Jones, Alistair Donnelly (corporate finance) 
    Dominic King, John Goold (sales & broking) 
    Tel: +44 (0) 161 831 1512 
 
    finnCap Limited (Joint Broker) 
    Ed Frisby, Kate Bannatyne (corporate finance) 
    Rhys Williams, Emily Morris (sales & broking) 
    Tel: +44 (0) 20 7220 0500 
 
    TooleyStreet Communications (IR and media relations) 
    Fiona Tooley 
    Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com 
 
 
 About Flowtech Fluidpower plc 
    Founded as Flowtech in 1983, the Flowtech Fluidpower Group is the UK's 
    leading specialist supplier of technical fluid power products. The 
    business joined AiM in 2014. Today, the Group has four distinct divisions: 
   Division:         What we do:                         Locations: 
  ----------------  ----------------------------------  ---------------------------------- 
   Flowtechnology    focus on supplying distributors     Flowtechnology Benelux (Deventer) 
                     and resellers of industrial          Flowtechnology China (Guangzhou) 
                     MRO products, primarily serving      Flowtechnology UK (Skelmersdale) 
                     urgent orders rather than bulk       Indequip (Skelmersdale) 
                     offerings. It offers an              Beaumanor (Leicester) 
                     unrivalled 
                     range of OEM and Exclusive 
                     Brand products to over 5,000 
                     distributors and resellers. 
                     The catalogue is recognised 
                     as the definitive source for 
                     fluid power products, containing 
                     100,000 individual product 
                     lines and are distributed to 
                     more than 80,000 industrial 
                     MRO end users. 
  ----------------  ----------------------------------  ---------------------------------- 
   Power Motion      Specialise in the design,           Primary Fluid Power (Knowsley) 
    Control (PMC)    assembly                             Nelson Hydraulics (Dublin, 
                     and supply of engineering            Lisburn, Dungannon, UK) 
                     components                           TSL Fluid Power (West Yorkshire) 
                     and hydraulic systems and is         Albroco (Knowsley) 
                     further enhanced by a service        HTL (Ludlow) 
                     and repair function.                 Hi-Power Hydraulics (Cork, 
                                                          Dublin, Belfast Manchester) 
                                                          Hydroflex (Brussels, Rotterdam 
                                                          and OudBeijerland) 
                                                          Hydraulic Equipment Supermarkets 
                                                          (Gloucester, Leeds, Birmingham, 
                                                          Durham) 
                                                          Branch Hydraulic Systems 
                                                          (Gloucester) 
                                                          HES Tractec (Gloucester) 
                                                          HES Automatec (Gloucester) 
                                                          HES Lubemec (Gloucester) 
                                                          Derek Lane & Co (Newton Abbot, 
                                                          Devon) 
  ----------------  ----------------------------------  ---------------------------------- 
   Process           Focus on the supply of industrial   Hydravalve (Willenhall) 
                      components and solutions to         Orange County (Spennymoor) 
                      the process sectors. 
  ----------------  ----------------------------------  ---------------------------------- 
   Onsite Services   In 2018, the Group will extend      HES Onsite (Durham, Leeds, 
                     its service offering to include      Birmingham, Gloucester) 
                     Onsite Technical Maintenance 
                     through highly skilled engineers. 
  ----------------  ----------------------------------  ---------------------------------- 
   All four of the Group's divisions have overlapping product sets, allowing 
    procurement synergies to be maximised. 
   The above divisions are supported by a centralised back office team 
    at the Skelmersdale site and a procurement and quality control team 
    in Shanghai. In total, the business employs over 550 people. For more 
    information please visit, www.flowtechfluidpower.com 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACSMMGGKMFMGRZZ

(END) Dow Jones Newswires

May 04, 2018 10:30 ET (14:30 GMT)

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