Brief: Pressure Technologies Says Expects FY24 Group Revenue And Profitability To Increase Slightly Over FY23 Levels

Chesterfield Special Cylinders Holdings

03/10/2023 07:31

Oct 3 (Reuters) - Pressure Technologies PLC  PRES.L :
    * POST-CLOSE UPDATE
    * FINANCIAL YEAR ENDING 30 SEPTEMBER 2024 ("FY24") IS
EXPECTED TO
BE A YEAR OF TRANSITION FOR CSC
    * CSC REVENUE EXPECTED TO DECLINE MARGINALLY ON FY23 LEVELS
WITH A
CONSEQUENT REDUCTION IN DIVISIONAL PROFITABILITY IN FY24
    * EXPECTED TO REPORT REVENUE OF APPROXIMATELY £32 MILLION IN
FY23
    * EXPECTS FY24 GROUP REVENUE AND PROFITABILITY TO INCREASE
SLIGHTLY OVER FY23 LEVELS
    * EXPECTED FY ADJUSTED EBITDA IS SLIGHTLY BELOW GUIDANCE
ISSUED IN
JUNE 2023

Source text for Eikon:  ID:nRSC4434Oa 
Further company coverage:  PRES.L 

 (Reuters.Briefs@thomsonreuters.com)