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RCS - Flowtech Fluidpower - Silver award winner for 2017 online Annual Report <Origin Href="QuoteRef">FLOL.L</Origin>

RNS Number : 0080S
Flowtech Fluidpower PLC
27 September 2017

Wednesday, 27 September 2017

FLOWTECH FLUIDPOWER PLC

Silver award winner for the Group's online Annual Report

AIM listed Specialist technical fluid power products supplier Flowtech Fluidpower PLC (AIM: FLO), has been recognised at the prestigious 2017 Corporate & Finance Awards, receiving a Silver Winner for its 2017 Annual Report in the 'Best online report: AIM/small cap' category. http://www.flowtechfluidpower.com.

The Corporate & Finance Awards, in its sixth year was held at The Brewery, Central London and hosted by BBC's Sophie Raworth, the showcase event recognises excellence in all aspects of City and financial communications for companies across a broad range of sectors, from the FTSE100 to small cap across its 22 award categories. It also provides recognition for the investment made by the companies' teams who focus on developing and compiling the best profile of their business to enable investors, both existing and potential, as well as commentators to gain a concise understanding of the workings of a business, its culture and strategy.

The Annual Report is the main benchmark for companies' communication with the City investment community and their associated stakeholders.The Best online report: AIM/small cap' category award is given to companies that can demonstrate that it has taken the printed report to the next level, using advanced technology to successfully communicate content to its audience and demonstrate how the report has developed since its previous edition covering areas such as its corporate reporting, financial publications or corporate social responsibility report.

Receiving the coveted Silver award on behalf of Flowtech Group was, Helen Barratt, Head of Corporate Governance, she commented:

"Over the last three years we have evolved our publication to deliver a continuously improving quality product so on behalf of everyone involved I am delighted to collect this award and to be recognised by external professionals for the work we put into the annual publication and the communication with the investment community."

"We take the opportunity to also thank corporate communications specialists, Jones and Palmer who over the last four years have worked with us on our digital reporting, introducing dynamic concepts that have helped us to portray and evolve our corporate objectives and brand strongly within the investor community."

Since joining AIM in 2014 the Flowtech Group has expanded its portfolio extensively across existing and new product categories; completed eleven acquisitions and established three, clearly-focussed divisions: Flowtechnology, Power Motion Control and Process. Today it employs 400 people across the UK, Eire and Europe.

ENQUIRIES:

Flowtech Fluidpower plc

Eve Rigby, Corporate Marketing

Helen Barratt, Head of Corporate Governance

Tel: +44 (0) 1695 52796

Email: info@flowtechfluidpower.com

TooleyStreet Communications (IR and media relations)

Fiona Tooley

Tel: +44 (0) 7785 703523

Email: fiona@tooleystreet.com

EDITORS NOTE

About Flowtech Fluidpower plc

Founded as Flowtech in 1983, the Flowtech Group is the UK's leading specialist supplier of technical fluid power products. The business joined Aim in 2014. Today, the business has three distinct divisions:

Division:

What we do:

Locations:

Flowtechnology

focus on supplying distributors and resellers of industrial MRO products, primarily serving urgent orders rather than bulk offerings. It offers an unrivalled range of OEM and Exclusive Brand products to over 3,400 distributors and resellers. The catalogue is recognised as the definitive source for fluid power products, containing 100,000 individual product lines and are distributed to more than 80,000 industrial MRO end users.

Flowtechnology Benelux (Deventer)

Flowtechnology China (Guangzhou)

Flowtechnology UK (Skelmersdale)

Indequip (Skelmersdale)

Power Motion Control (PMC)

specialise in the design, assembly and supply of engineering components and hydraulic systems, further enhanced by a service and repair function.

Primary Fluid Power (Knowsley)

Nelson Fluid Power- (Dublin, Lisburn, Dungannon)

TSL Fluidpower (West Yorkshire)

Albroco ((Knowsley)

Hydraulics & Transmissions (Ludlow)

Hi-Power Hydraulics (Cork, Dublin, Belfast Manchester)

Hydroflex Hydraulics (Brussels, Rotterdam and OudBeijerland)

Process

focus on the supply of industrial components and solutions to the process sectors.

Hydravalve, (Willenhall)

Orange County (Spennymoor)

All three of the Group's divisions have overlapping product sets, allowing procurement synergies to be maximised.

As a business, our strategy is to continue to enhance our unique position within the fluid power supply chain, and aligned to the global supply base thereby creating a multi-channelled access to a wide range of industrial and manufacturing customers. We are in an exciting phase. Our product set and technical competence continues to deepen, increasing our touch points within the varied industrial and manufacturing customers we supply every day around the UK and overseas.

The divisions are supported by a centralised back office team at the Skelmersdale site and in total the business employs over 400 people.

For more information please visit, www.flowtechfluidpower.com


This information is provided by RNS
The company news service from the London Stock Exchange
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