This morning’s trading update highlights that Flowtech has traded well during lockdown having been breakeven across April and May. This highlights the strength of the model and the inherent resilience of the MRO market. The business is seeing an improving trading performance as lockdown restrictions have begun to ease and it should be hoped that the positive trend in profitability will continue through the Summer. Having navigated lockdown better than most and with further cost initiatives to co ....
10 Jun 2020
Flowtech Fluidpower (FLO LN) - AGM statement
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Flowtech Fluidpower (FLO LN) - AGM statement
Flowtech Fluidpower plc (FLO:LON) | 83.0 0 0.0% | Mkt Cap: 51.0m
- Published:
10 Jun 2020 -
Author:
Andy Hanson | Rachel Birkett, CFA -
Pages:
3
This morning’s trading update highlights that Flowtech has traded well during lockdown having been breakeven across April and May. This highlights the strength of the model and the inherent resilience of the MRO market. The business is seeing an improving trading performance as lockdown restrictions have begun to ease and it should be hoped that the positive trend in profitability will continue through the Summer. Having navigated lockdown better than most and with further cost initiatives to co ....