Notice of Results and Investor Presentation

RNS Number : 7723D

Flowtech Fluidpower PLC

07 March 2022

 

NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Immediate Release Monday, 7 March 2022

FLOWTECH FLUIDPOWER PLC

("Flowtech", the "Company" or the "Group")

Notice of Annual Results

and

IMC Investor Presentation

AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc   (LSE: symbol FLO), is scheduled to release its Annual Results for the year ended 31 December 2021 on Tuesday, 29 March 2022.

The Company is also planning to hold a 'live' presentation which will be hosted by CEO Bryce Brooks, and CFO Russell Cash via the Investor Meet Company platform on the day at 9.00am.

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

Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the presentation.

Investors who already follow Flowtech Fluidpower plc on the Investor Meet Company platform will automatically receive an invitation to join the event.

ENQUIRIES:

Flowtech Fluidpower plc Bryce Brooks, Chief Executive Russell Cash, Chief Financial Officer Tel: [phone] Email: [e-mail] Website: www.flowtechfluidpower.com

Liberum (Nominated adviser and Sole Broker) Richard Lindley / Ben Cryer / William Hall / Will King  Tel: [phone]

TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email : [e-mail]

Investor Meet Company Tel: [phone] Website: www.investormeetcompany.com

About Flowtech Fluidpower plc Founded as Flowtech in 1983, the Flowtech Fluidpower Group is a group of specialist fluid power businesses.  Working in partnership with customers and suppliers, we deliver essential components, customer solutions and high-quality servicing support to keep global industry moving.  The business joined the AIM market in 2014.  Since the start of 2021, the Group has been operating under three distinct branded segments : with Flowtech and Fluidpower Group Solutions forming what was 'Components', and Fluidpower Group Services the remainder. To read more about the Group please visit www.flowtechfluidpower.com .
Segment:	What we do:	Locations:
Flowtech	Supply of both hydraulic and pneumatic consumables, predominantly through distribution for maintenance and repair operations across all industry markets and supported by supply agreements direct to a broad range of original equipment manufacturers. Channels to market: E-commerce websites, customer white label e-commerce websites, catalogues, own and customer trade counters.	Flowtechnology Benelux (Deventer) Flowtech - Skelmersdale, Leicester & Oldbury
Fluidpower Group Solutions	Supply specialist technical hydraulic components & systems predominantly into OEMs and end-user channels to all industry markets and supported by supply agreements direct to a broad range of manufacturer brands. Channels to market: Engineering collaboration, e-commerce.	Primary Fluid Power Components (Skelmersdale) Nelson Hi-Power Hydraulics (Dublin, Dungannon, UK) HTL (Ludlow) Hi-Power Hydraulics (Cork, Dublin, Belfast ) Hydroflex (Brussels, Rotterdam and OudBeijerland) Hydraulic Equipment Supermarkets (Gloucester, Leeds) Derek Lane & Co (Newton Abbot, Devon) HES Tractec (Gloucester)
Fluidpower Group Services	Bespoke design, manufacturing, commissioning, installation, and servicing of systems to manufacturers of specialised industrial and mobile hydraulic OEMs and additionally a wide range of industrial end users.  Capital project-based revenue. Channels to market: In-house design and build, combined with on-site installation, servicing and support.	Primary Fluid Power Systems (Knowsley) Branch Hydraulic Systems and HES Automatec (Gloucester) HES Lubemec (Gloucester) HES Onsite (Leeds, Gloucester) Flow Connect (Gloucester) Orange County (Spennymoor)
All the Group's divisions have overlapping product sets, allowing procurement synergies to be maximised.   The above segments are supported by a centralised back-office team based in Wilmslow, Cheshire.   In total, the business employs 618 people.  For more information please visit,   Our business | Flowtech Fluidpower plc

 

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