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Flowtech Fluidpower ( (GB:FLO) ) has issued an announcement.
Flowtech Fluidpower PLC reported a challenging financial year in 2024 with a decline in revenue and an operating loss, yet achieved improvements in gross margin and operational efficiency. Despite market challenges, the company strengthened its sales pipeline, integrated acquisitions, and focused on strategic growth sectors, setting a foundation for future growth with a new digital platform launch planned for 2025.
More about Flowtech Fluidpower
Flowtech Fluidpower PLC operates in the fluid power industry, providing power, motion, and control solutions. The company offers a range of products from single components to integrated engineering systems, focusing on cost-effectiveness and leveraging global brands and services.
YTD Price Performance: -37.02%
Average Trading Volume: 113,979
Technical Sentiment Signal: Strong Buy
Current Market Cap: £32.7M
See more data about FLO stock on TipRanks’ Stock Analysis page.