Flowtech Fluidpower (AIM:FLO) – results in line, looking good and more acquisitions to come!
The distributor of technical fluid power products announced a solid set of interim results for the 6 months ending 30th June 2015 with a growing market share. There was also news of a master agreement with the giant Eaton Corporation.
Flowtech is the UK’s leading specialist supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. It offers an unrivalled range of Original Equipment Manufacturer (OEM) and Exclusive Brand products to over 3,600 distributors and resellers with its catalogue (‘fluid power bible’!) the definitive source for fluid power products, containing approximately 52,000 individual product lines.
Group revenue was up 24.6% to £21.42m and…
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