The Group has reported an adjusted operating loss of £0.1m for H1 FY2020 that is in-line with April’s trading update. The statement re-iterates that good underlying progress is being made against strategic objectives, with growing customer and end market diversification, new long term customer agreements - Shell and Baker Hughes - and strong divisional order books at the half year. However both its divisions, Chesterfield Special Cylinders (‘CSC’) and Precision Machine
23 Jun 2020
Further strategic process, outlook uncertain
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Further strategic process, outlook uncertain
Pressure Technologies plc (PRES:LON) | 37.5 0 0.0% | Mkt Cap: 14.5m
- Published:
23 Jun 2020 -
Author:
Richard Hickinbotham -
Pages:
4
The Group has reported an adjusted operating loss of £0.1m for H1 FY2020 that is in-line with April’s trading update. The statement re-iterates that good underlying progress is being made against strategic objectives, with growing customer and end market diversification, new long term customer agreements - Shell and Baker Hughes - and strong divisional order books at the half year. However both its divisions, Chesterfield Special Cylinders (‘CSC’) and Precision Machine