Annual Results and Presentation via IMC Platform

RNS Number : 3695S
Flowtech Fluidpower PLC
09 March 2023
 

NEWS RELEASE

Issued on behalf of Flowtech Fluidpower plc

Immediate Release

Thursday, 9 March 2023

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FLOWTECH FLUIDPOWER PLC

("Flowtech", the "Company" or the "Group")

 

 

Notice of Annual Results

and

IMC Investor Presentation Session

 

 

AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: symbol FLO), is scheduled to release its Annual Results for the year ended 31 December 2022 on Tuesday, 28 March 2023.

 

The Company is also planning to hold a 'live' presentation which will be hosted by CEO Bryce Brooks, and CFO Russell Cash via the Investor Meet Company platform on the day at 9.00am.

 

Investors can sign up to Investor Meet Company for free and add to meet Flowtech via :

 

https://www.investormeetcompany.com/flowtech-fluidpower-plc/register-investor

 

Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the presentation.

Investors who already follow Flowtech on the Investor Meet Company platform will automatically receive an invitation to join the event.

 

 

 

ENQUIRIES :

Flowtech Fluidpower plc

Roger McDowell, Chair

Bryce Brooks, Chief Executive

Russell Cash, Chief Financial Officer

Tel: +44 (0) 1695 52759

Email: info@flowtechfluidpower.com

 

Liberum (Nominated adviser and Sole Broker)

Richard Lindley / Ben Cryer / Will King

Tel: +44 (0) 20 3100 2000

 

TooleyStreet Communications (IR and media relations)

Fiona Tooley

Tel: +44 (0) 7785 703523

or email : fiona@tooleystreet.com

 

Investor Meet Company

Tel: +44 20 3970 4533

www.investormeetcompany.com

 

 

ABOUT FLOWTECH FLUIDPOWER PLC

Founded as Flowtech in 1983, the Flowtech Fluidpower Group is a group of specialist fluid power businesses.  Working in partnership with customers and suppliers, we deliver essential components, customer solutions and high-quality servicing support to keep global industry moving.  The business joined the AIM market in 2014. 

 

To read more about the Group please visit www.flowtechfluidpower.com .

Segment:

What we do:

Locations:

Flowtech

 

Our focus

Supply of both hydraulic and pneumatic consumables, predominantly through distribution for maintenance and repair operations across all industry markets but supported by supply agreements direct to a broad range of original equipment manufacturers (OEMs)

 

Channels to market:

E-commerce websites, customer white label e-commerce websites, 70,000+catalogues, own and customer trade counters

 

 

 

Flowtech

(Skelmersdale, Leicester, Birmingham)

Flowtechnology Benelux

(Deventer)

 

Fluidpower

Group Solutions

 

Our focus

Supply specialist technical hydraulic components & systems, predominantly into OEMs and end-user channels to all industry markets, supported by supply agreements with a broad range of manufacturer brands

 

Channels to market:

Engineering collaboration through sales offices providing national and local coverage. In 2022 enhanced by new e-commerce capabilities

 

 

Primary Fluid Power Components (Skelmersdale)

Nelson Hi-Power

(Dublin, Cork, Dungannon)

HTL

(Ludlow)

Hydroflex

(Brussels, Rotterdam and OudBeijerland)

Derek Lane & Co

(Newton Abbot)

HES Tractec

(Gloucester)

 

Fluidpower

Group Services

 

 

Our focus

Bespoke design, manufacturing, commissioning, installation, and servicing of systems to manufacturers of specialised industrial and mobile hydraulic OEMs, and additionally a wide range of industrial end users.  Capital project-based revenue.

 

Channels to market:

In-house design and build, combined with on-site installation, servicing and support

 

 

 

Primary Fluid Power Systems

(Knowsley)

Branch Hydraulic Systems

(Gloucester)

HES Onsite

(Leeds, Gloucester)

Orange County

(Spennymoor)

Hi Power Transport

(Dublin, Cork, Belfast)

 

 

All the Group's divisions have overlapping product sets, allowing procurement synergies to be maximised.   The above segments are supported by a centralised back-office teams based at Skelmersdale and Wilmslow sites in the UK. In total, the business employs 572 people. 

 

For more information please visit,   Our business | Flowtech Fluidpower plc

 

 

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