Notice of Preliminary Results

RNS Number : 1006Y

Pressure Technologies PLC

27 November 2014

 



27 November 2014

Pressure Technologies plc

(AIM: PRES)

Notice of Preliminary Results

Pressure Technologies plc will announce its preliminary results for the year ended 27 September 2014 on Tuesday, 9 December 2014.

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For further information, please contact:

Pressure Technologies plc John Hayward, Chief Executive James Lister, Group Finance Director	Tel: [phone] www.pressuretechnologies.com
Tavistock Communications Catriona Valentine / Keeley Clarke / Emma Blinkhorn	Tel: [phone]
Charles Stanley Securities (Nomad and broker) Philip Davies / Carl Holmes	Tel: [phone]

Company description - www.pressuretechnologies.com

With its head office in Sheffield and its origins going back to 1897, Pressure Technologies is a growing, profitable, dividend paying, AIM listed, leading designer and manufacturer of speciality engineering solutions for high pressure systems serving large global markets. The company is building a highly profitable group of companies, specialising in technology for the containment and control of liquids and gases in pressure systems through a combination of organic initiatives and acquisitions.

Pressure Technologies has three divisions, Cylinders, Engineered Products and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.

Cylinders

·   Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com

·   Kelley GTM Manufacturing, Amarillo - 40% stake acquired by the Group in December 2013 with an option to acquire a further 40% in 2015 www.kelleygtm.com

Engineered Products

·   Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk

·   Hydratron, Manchester and Houston, acquired in 2010 www.hydratron.co.uk

·   Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk

·   Quadscot, acquired in October 2014 www.quadscot.co.uk

Alternative Energy

·   Chesterfield BioGas, Sheffield, founded in 2008 www.chesterfieldbiogas.co.uk

·   Greenlane, acquired in October 2014 www.greenlanebiogas.com

 

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