Pressure Technologies (AIM:PRES) - update clarifies the tough environment but hints at prospects
As anticipated, and in line with the caution expressed by management in the full year results, the tumbling oil price has started to impact trading and prompted management to carry out a full review of prospects across the Group, with the result that expectations for the current financial year have been revised downwards. Clearly the key question is to what degree?
To read the latest note go to:
http://www.investorschampion.com/research/company/pressure-technologies/
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