Flowtech has released its FY19 results, originally scheduled for mid-April but delayed due to guidance following the impact of COVID-19. The headline numbers have been well flagged since the trading update in mid-January and the Q1 FY20 update (21st April) provided up to date information regarding current trading through the initial phase of the lockdown. The results do, however, provide more detail on the restructuring programme underway and the progress made to date in terms of working capital ....
30 Apr 2020
Flowtech Fluidpower (FLO LN) - FY19 Results show operational improvements coming through strongly
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Flowtech Fluidpower (FLO LN) - FY19 Results show operational improvements coming through strongly
Flowtech Fluidpower plc (FLO:LON) | 83.0 0 0.0% | Mkt Cap: 51.0m
- Published:
30 Apr 2020 -
Author:
Andy Hanson | Rachel Birkett, CFA -
Pages:
8
Flowtech has released its FY19 results, originally scheduled for mid-April but delayed due to guidance following the impact of COVID-19. The headline numbers have been well flagged since the trading update in mid-January and the Q1 FY20 update (21st April) provided up to date information regarding current trading through the initial phase of the lockdown. The results do, however, provide more detail on the restructuring programme underway and the progress made to date in terms of working capital ....