Flowtech’s FY14 results (14th April) indicated that trading in the core business in the current financial year had started in line with management’s expectations. Today’s AGM statement indicates this has continued. The fact the core business continues to experience YoY growth, despite ongoing market pressures that have impacted others in the sector, should be viewed positively. Today’s statement will dispel any short term trading concerns and at the current PER rating
21 May 2015
AGM statement: trading in line with expectations
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AGM statement: trading in line with expectations
Flowtech Fluidpower plc (FLO:LON) | 97.5 -0.1 (-0.1%) | Mkt Cap: 60.0m
- Published:
21 May 2015 -
Author:
Andy Hanson -
Pages:
5
Flowtech’s FY14 results (14th April) indicated that trading in the core business in the current financial year had started in line with management’s expectations. Today’s AGM statement indicates this has continued. The fact the core business continues to experience YoY growth, despite ongoing market pressures that have impacted others in the sector, should be viewed positively. Today’s statement will dispel any short term trading concerns and at the current PER rating