REG - Flowtech Fluidpower - Notice of Preliminary Results

Flowtech FluidpowerAnnouncement

25/03/2021 07:05

RNS Number : 3921T
  
Flowtech Fluidpower PLC
  
25 March 2021
  
 





NEWS RELEASE
Issued on behalf of Flowtech Fluidpower plc
Immediate Release
Thursday, 25 March 2021 


 




 
 
 
 
FLOWTECH FLUIDPOWER PLC
("Flowtech" or "Company")
 
NOTICE OF 2020 ANNUAL RESULTS
 
Flowtech Fluidpower plc (AIM: FLO), the specialist full-service supplier of technical fluid power products and service, will announce its preliminary results for the full year ended 31 December 2020 on Tuesday, 20 April 2021 at 07.00hrs UK time.
 
·      The Company is planning to hold a presentation of results for financial analysts on announcement day (20 April) at 09.15am, details of which can be obtained by emailing either the Company or PR adviser as detailed below. 
 
·      In addition, on 21 April 2021 at 9.15am, CEO Bryce Brooks and CFO Russell Cash will provide a live presentation via the Investor Meet Company platform (IMC).  This presentation is open to all existing and potential shareholders.  Investors who already follow Flowtech Fluidpower plc on the IMC platform will automatically be invited.  Questions can be submitted pre-event via your Investor Meet Company dashboard up until 12noon the day before the meeting or at any time during the live presentation.  Investors can sign up to Investor Meet Company for free and add to meet Flowtech Fluidpower plc via: 
https://www.investormeetcompany.com/flowtech-fluidpower-plc/register-investor 
 
 
 
 




ENQUIRIES:




FLOWTECH FLUIDPOWER PLC




Bryce Brooks, Chief Executive Officer
Russell Cash, Chief Financial Officer
Tel: +44 (0) 1695 52759 
 
Email: info@flowtechfluidpower.com
Website: www.flowtechfluidpower.com 




 




Zeus Capital Limited (Nominated Adviser and Joint Broker)
Andrew Jones, Kieran Russell (Corporate Finance)
Dominic King, John Goold (Sales & Broking)
Tel: + 44 (0) 20 3829 5000




 




finnCap Limited (Joint Broker)
Ed Frisby, Kate Bannatyne (Corporate Finance)
Rhys Williams, Andrew Burdis (Sales & Broking)
Tel: + 44 (0) 20 7220 0500




 




TooleyStreet Communications (IR and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523 
or email: fiona@tooleystreet.com 
 




 
 
 




ABOUT FLOWTECH FLUIDPOWER PLC 




Founded as Flowtech in 1983, the Flowtech Fluidpower Group is the UK's leading specialist supplier of technical fluid power products and services.  The business joined AIM in 2014 (AIM: Symbol FLO).  Today, the Group has two distinct divisions: 
 




Division:


What we do:


Locations:




Components


Supply of hydraulic and pneumatic consumables, predominantly through distribution for urgent maintenance and repair operations across all industry sectors.  Additionally, support a broad range of original equipment manufacturers (OEMs) supplying off-the-shelf and tailored components and assemblies. 


Flowtechnology Benelux (Deventer)
Flowtechnology UK (Skelmersdale)
Indequip (Skelmersdale)
Beaumanor (Leicester) 
Hydravalve (Oldbury)
Primary Fluid Power Components (Skelmersdale)
Nelson Hydraulics (Dublin, Dungannon)
HTL (Ludlow)
Hi-Power Hydraulics (Cork, Dublin, Belfast, Knowsley)
Hydroflex (Brussels, Rotterdam and OudBeijerland)
Hydraulic Equipment Supermarkets (Gloucester)
Derek Lane & Co (Newton Abbot)
Tractec (Gloucester)
 




Services


Bespoke design, manufacturing, commissioning, installation, and servicing of systems to manufacturers of specialised industrial and mobile hydraulic original equipment manufacturers (OEMs) and additionally a wide range of industrial end users. 
 


Primary Fluid Power Systems (Knowsley)
Branch Hydraulic Systems (Gloucester)
Lubemec (Gloucester)
Fluidpower Group Services (Spennymoor, Leeds, Gloucester)
Orange County (Spennymoor)
 




Both Group's divisions have overlapping product sets, allowing procurement synergies to be maximised.




The above divisions are supported by a centralised back-office team based in Wilmslow, Cheshire, UK.  In total, the business employs c.600 people.  For more information please visit, www.flowtechfluidpower.com.




 

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