Flowtech Fluidpower Appoints New Auditor
The industrial distributor has appointed a new external auditor following a competitive tender process.
The industrial distributor has appointed a new external auditor following a competitive tender process.
The fluid power products supplier reported a decline in profits and increasing debt in its H1 2025 results, despite a slight revenue increase. Challenging market conditions and economic uncertainties are impacting performance.
The industrial distributor reported a solid H1 2025 performance, with improved margins and cost control offsetting challenging market conditions that impacted top line growth.
The industrial distributor has secured a major €4.5 million contract for the Narrow Water Bridge project and formed a new joint venture to expand its supplier partnerships, showcasing its engineering expertise and growth potential.
The industrial distributor has won a €4.5m contract to upgrade a major bridge in Waterford City, Ireland, a significant project for the company.
The industrial distributor has corrected the timing of its upcoming AGM, moving it to 10am on June 17th.
The industrial distributor has made its 2024 annual report and AGM notice available to shareholders.
The industrial distributor has acquired two businesses to expand its product range and geographic footprint, strengthening its position in the fluid power market.
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.