The specialist engineering group serving the global energy, defence and industrial gases markets has issued an encouraging update for the financial year ended 30 September 2019.
With supportive institutional shareholders, the slimmed down PRES could be an interesting recovery play, with favourable trading conditions in global oil and gas markets expected to remain throughout the rest of the year.
The specialist engineering group has announced full-year results for the year ended 29 September 2018. It has been another eventful year for the business including the appointment of a new…
The specialist engineering group has announced the proposed sale of Greenlane Biogas, the operating entity of its Alternative Energy Division. While the biogas market offers substantial potential, it has been…
Following its recent trading update, the specialist engineering group has announced interim results to 31 March 2018. A modest improvement in confidence from oil and gas customers could see a…
The specialist engineering group has announced the sale of its Hydratron business. The business initially contributed meaningful profits to the Group but has suffered more than others during the downturn…
The specialist engineering Group has issued a trading update ahead of its interim results. Our previous commentary in December 2017 suggested that, with the reorganisation behind it and a more…
With the reorganisation behind it, a more supportive oil price and recent fund raise to bolster the balance sheet, full year results from the specialist engineering group hint at a…
The specialist engineering group has announced the raising of £5.0m through an oversubscribed Placing. This looks a positive move and ensures the Group has the desired fire power should suitable…
The specialist engineering group has issued a mixed trading update with progress from its manufacturing divisions nullified by timing delays in the Alternative Energy division. One could argue that the…
Interim results from the specialist engineering group suggest the operating climate is improving with the Group well placed to benefit from the restructuring of the past few years and a…
With the International Energy Agency (‘IEA’) suggesting that demand for oil could outstrip supply in the next six months if Opec and countries outside the cartel can commit to the…
Results from the specialist engineering group for the financial year ending 1st October 2016 reflect the rebuilding of its Alternative Energy Division and the completion of the restructuring of the…
The specialist engineer and designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets has experienced a testing past few years in the face of…
A trading update from the specialist engineering group has resulted in a material reduction in current year (September 2016) estimates due to a delay in the timing of contracts.More positively…
The designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets continues to experience tough conditions in oil and gas markets but the increasing contribution…
The trading update for the six months to 2nd April 2016 from the designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets highlights the…
The AGM statement from the designer and manufacturer of high pressure systems serving the global energy, defence and industrial gases markets confirmed that Group businesses dependent on the oil and…
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