FY24 results mark the first full year set of numbers under the new CEO. They show significant operational progress with market share gains, higher gross margins, improved customer service, significant cost savings and improved cash generation. We expect little help from end-markets in FY25. But, with the business transformation now essentially complete, we believe FLO has a solid platform in place to drive growth (organic, acquisitive) and create shareholder value. No change to forecasts or TP ( ....

09 Apr 2025
Strong execution drives measurable success

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Strong execution drives measurable success
Flowtech Fluidpower plc (FLO:LON) | 63.7 0 0.0% | Mkt Cap: 40.3m
- Published:
09 Apr 2025 -
Author:
Caroline de La Soujeole -
Pages:
3 -
FY24 results mark the first full year set of numbers under the new CEO. They show significant operational progress with market share gains, higher gross margins, improved customer service, significant cost savings and improved cash generation. We expect little help from end-markets in FY25. But, with the business transformation now essentially complete, we believe FLO has a solid platform in place to drive growth (organic, acquisitive) and create shareholder value. No change to forecasts or TP ( ....