Listed engineering group returns to profitability

Sheffield-headquartered listed engineering group Pressure Technologies has returned to profit in the six month period to 30 March 2019.

The group has this morning posted interim results showing that its revenues have risen 59% to £14.5m from £9.1m in the same period last year. It also achieved pre-tax profits of £100,000 - a return to profits with the group reported pre-tax losses of £1.5m in the same period last year.  

Chris Walters, who joined as CEO last year, said: "I am pleased with the p... 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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