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Pressure Technologies Announces AGM and Strategic Name Change

Story Highlights
  • Pressure Technologies plans to change its name to Chesterfield Special Cylinders Holdings.
  • The company has secured key contracts in defence and hydrogen, maintaining a stable FY25 outlook.
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Pressure Technologies Announces AGM and Strategic Name Change

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Pressure Technologies ( (GB:PRES) ) has shared an update.

Pressure Technologies plc announced its 2025 Annual General Meeting and a proposed name change to Chesterfield Special Cylinders Holdings plc, reflecting its focus on global defence and hydrogen energy markets. The company has secured key contracts in these sectors and anticipates continued growth in Integrity Management services, maintaining a stable outlook for FY25.

More about Pressure Technologies

Pressure Technologies plc, based in Sheffield, operates through its subsidiary Chesterfield Special Cylinders (CSC). CSC is a leading designer, manufacturer, and supplier of safety-critical, high-pressure containment products and services for global customers in the defence, hydrogen energy, oil & gas, and industrial markets.

YTD Price Performance: -11.39%

Average Trading Volume: 39,082

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £12.57M

For detailed information about PRES stock, go to TipRanks’ Stock Analysis page.

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