Trading update points to continued progress for AIM-listed Flowtech

AIM-listed technical fluid power products specialist Flowtech Fluidpower expects to achieve another year of solid progress. In a trading update covering the six months ended June 30, today, the Skelmersdale-based business said it has achieved further organic growth of 2.9%, and reduced net debt by £1.1m in the first half of its financial year. It added: "The group expects to achieve another year of solid progress - results are in line with market expectations." Total group revenue for the six month period was 5.7% ahead, at ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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