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| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4.00 | -3.59% | 107.50 | 107.50 | 111.00 | 107.50 | 107.50 | 107.50 | 654,276 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fluid Powr Cylindrs,actuatrs | 114.77M | -6.25M | -0.1017 | -10.57 | 66.1M |
From Apr 2019 to Apr 2024
TIDMFLO
RNS Number : 5756C
Flowtech Fluidpower PLC
01 October 2018
NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Immediate Release
FLOWTECH FLUIDPOWER PLC
Specialist full service supplier of technical fluid power products and services
(Flowtech, the Group or Company)
HALF-YEAR REPORT PUBLISHED
Hot Features
Premium
London, Monday, 1 October 2018: Following the announcement of the Half-year
Results on 18 September 2018,
Flowtech Fluidpower has today published its 2018 Half-year Report online.
The Company is not proposing to bulk print and distribute hard copies
of this Half-year Report unless specifically requested by individual
shareholders. Copies can be requested from; The Company Secretary, Flowtech
Fluidpower plc, Pimbo Road, Skelmersdale, Lancashire, WN8 9RB: email:
info@flowtechfluidpower.com.
News updates, regulatory news, and financial statements can be viewed
and downloaded from the Group's website www.flowtechfluidpower.com.
ENQUIRIES:
===================================================================
FLOWTECH FLUIDPOWER PLC
Malcolm Diamond MBE, Non-Executive Chairman
Bryce Brooks, Chief Executive Officer and Chief Financial Officer
Today: +44 (0) 20 7220 0500 or +44 (0) 20 3829 5000
Thereafter: Tel: +44 (0) 1695 52796
Email: info@flowtechfluidpower.com
Zeus Capital Limited (Nominated Adviser and Joint Broker)
Andrew Jones, Alistair Donnelly (corporate finance)
Dominic King, John Goold (sales and broking)
Tel: +44 (0) 20 3829 5000
FinnCap Ltd (Joint Broker)
Ed Frisby, Kate Bannatyne (corporate finance)
Rhys Williams, Andrew Burdis (sales and broking)
Tel: +44 (0) 20 7220 0500
TooleyStreet Communications (IR and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523
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 During 2018, the Group is HES Onsite (Durham, Leeds,
extending Birmingham, Gloucester)
its service offering to include
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 600 people.
For more information please visit, www.flowtechfluidpower.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DOCMBBJTMBAMBPP
(END) Dow Jones Newswires
October 01, 2018 10:03 ET (14:03 GMT)
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