Pressure Technologies (PRES LN) this week announced results for the year ending September 30th 2023 (FY 2023). Revenue grew by 29% to £32.0m, and as anticipated, the Group moved strongly into profit producing an adjusted EBITDA of £2.1m (£0.9m loss FY 2022). UK-based PRES produces high pressure steel cylinders through its Chesterfield Special Cylinders (CSC) division, and its Precision Machined Components (PMC) division provides specialised machining services. FY 2023 revenue was supported by £ ....
