Flowtech Fluidpower Expands Market Reach with Strategic Acquisitions

Flowtech Fluidpower ( (GB:FLO) ) has issued an announcement.

Flowtech Fluidpower has announced the acquisition of Thomas Group, a Kent-based service provider and global distributor for major OEMs in the automotive and transportation sectors. This acquisition, along with the earlier acquisition of Allswage and the successful integration of Thorite, aligns with Flowtech’s strategy to expand its market reach and enhance its product and service offerings. The acquisition of Thomas Group is expected to quickly build on its existing revenue base and contribute to Flowtech’s profitability, demonstrating the company’s ability to capitalize on strategic opportunities and drive shareholder value.

Spark’s Take on GB:FLO Stock

According to Spark, TipRanks’ AI Analyst, GB:FLO is a Neutral.

Flowtech Fluidpower’s overall stock score of 49 reflects significant financial and operational challenges. The company’s negative profitability, declining revenue, and inconsistent cash flow are major concerns. Technical analysis suggests a bearish trend, and the valuation is hindered by a negative P/E ratio despite a modest dividend yield. To improve its stock performance, the company must address its financial inefficiencies and stabilize its operations.

To see Spark’s full report on GB:FLO stock, click here.

More about Flowtech Fluidpower

Flowtech Fluidpower plc is the largest supplier of fluid power products, systems, and solutions in the UK, Ireland, and Benelux. The company specializes in providing power, motion, and control solutions across various industry sectors, aiming to minimize downtime, optimize performance, and maximize the lifespan of operations. Flowtech is a market leader in a fragmented £30bn European market, offering expertise and experience to meet the needs of customers involved in designing, building, maintaining, and improving industrial plants and equipment.

Average Trading Volume: 126,406

Technical Sentiment Signal: Sell

Current Market Cap: £37.79M

For a thorough assessment of FLO stock, go to TipRanks’ Stock Analysis page.