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Flowtech Fluidpower ( (GB:FLO) ) just unveiled an announcement.
Flowtech Fluidpower’s full-year trading update reveals that their underlying EBITDA aligns with expectations despite a challenging market, attributed to strategic operational improvements and successful integration of Thorite. The company’s revenue decreased by 4.3% due to market headwinds, but they note an increase in market share and a strong sales pipeline for 2025, positioning themselves for profitable growth with a new digital platform and completed rebranding efforts.
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 operates in a highly fragmented £30bn European market, providing expertise to help clients minimize downtime, optimize performance, and extend operational lifespans across various industry sectors.
YTD Price Performance: -13.62%
Average Trading Volume: 71,489
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £42.57M
See more data about FLO stock on TipRanks’ Stock Analysis page.