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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.50 | -0.45% | 111.50 | 111.00 | 112.00 | 111.00 | 108.00 | 108.50 | 72,674 | 16:35:17 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fluid Powr Cylindrs,actuatrs | 114.77M | -6.25M | -0.1017 | -10.91 | 68.26M |
TIDMFLO
RNS Number : 5016Q
Flowtech Fluidpower PLC
06 June 2018
Hot Features
Premium
NEWS RELEASE
Issued on behalf of Flowtech
Fluidpower plc
Wednesday, 6 June 2018
Immediate Release
FLOWTECH FLUIDPOWER PLC
("Flowtech Fluidpower" the "Group" or "Company")
Results of 2018 Annual General Meeting
At the Annual General Meeting of the Company, held earlier
today, all Resolutions proposed to shareholders were
duly passed.
Dividend
The final dividend of 3.85 pence approved by shareholders
today will be paid on 13 July 2018 to Members on the
Register at the close of business on 8 June 2018.
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
and resellers of industrial (Deventer)
MRO products, primarily Flowtechnology China
serving urgent orders (Guangzhou)
#rather than bulk offerings. Flowtechnology UK
It offers an unrivalled (Skelmersdale)
range of OEM and Exclusive Indequip (Skelmersdale)
Brand products to over Beaumanor (Leicester)
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
Control assembly and supply (Knowsley)
(PMC) of engineering components Nelson Hydraulics
and hydraulic systems (Dublin, Lisburn,
and is further enhanced Dungannon, UK)
by a service and repair TSL Fluid Power (West
function. Yorkshire)
Albroco (Knowsley)
HTL (Ludlow)
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 Hydravalve (Willenhall)
of industrial components Orange County (Spennymoor)
and solutions to the
process sectors.
---------------- -------------------------------- ------------------------------
Onsite Services During 2018, the Group HES Onsite (Durham,
is extending its service Leeds, Birmingham,
offering to include 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 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
RAGFKADKKBKDAAK
(END) Dow Jones Newswires
June 06, 2018 06:10 ET (10:10 GMT)
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