Cylinder division ‘firing’ and big boost from subsea activity
There were highly positive interim results last week from the designer and manufacturer of speciality engineering solutions for high pressure systems, with the Group’s Cylinder Division once again firing and the benefits of the diversification strategy really starting to come through. Management commented on an improving trend in order intake with good opportunities for further growth across all markets. If the Alternative Energy Division can start to deliver look out for material upgrades!
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