STEAM cleaning and coatings group Proventec fell deeper into the red today but added its cost cutting programme was beginning to have a positive impact.

In the six months to September 30, losses at the Liverpool-based group increased from £649,000 last time to £1m. Turnover slipped from £8.2m to £8m.

The group added that its recent acquisitions of Frank GmbH, a German manufacturer of small high pressure hot water washers and steam equipment as well as Dutch dry ice firm, CryoJet Industrial Ser......for the full story register now for free or login below...