Flowtech Fluidpower Director Completes Share Sale
The retailer has announced a director has sold a portion of their shareholding.
The retailer has announced a director has sold a portion of their shareholding.
The fluid power distributor reported a significant increase in operating loss and revenue decline amid challenging market conditions. Despite some positive indicators, the company faces persistent headwinds and uncertainty.
The industrial distributor announces upcoming publication of its annual results, providing a detailed timeline for the release and related investor presentations.
The industrial distributor announced a director has purchased 30,000 shares, increasing their stake in the company.
The fluid power solutions provider demonstrates resilience in challenging conditions, reporting EBITDA in line with expectations despite revenue decline. Operational improvements and market share gains offset persistent headwinds.
Routine regulatory disclosure of a change in shareholding for this industrial distribution company.
The industrial distributor announced a director purchase of 50,000 shares, a routine regulatory disclosure unlikely to significantly impact the company's performance.
The fluid power products supplier reported a 5.7% revenue decline in H1 2024 due to market headwinds. Despite improved gross margins, a significant earnings downgrade for 2024 was announced, reflecting ongoing challenges and acquisition-related short-term losses.
Industrial distribution company announces new broker and upcoming results
Flowtech Fluidpower, a leading provider of fluid power and motion control products, acquires Thorite Group, a UK specialist in pneumatics and automation, to expand its capabilities and market reach.