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With a big contract award recently from EDF Energy and further orders secured in the emerging hydrogen energy market, could this be a strong recovery play for 2020?

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Pressure Technologies - encouraging trading update

21/11/2019

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.

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Pressure Tech: major contract win is great news

10/10/2019

The specialist engineering group has announced a major contract win from giant utility EDF

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Pressure Technologies - interim results, outlook and updated forecasts

26/06/2019

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.

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Pressure Technologies: completion of sale heralds a new beginning

05/06/2019

The completion of the sale of the Group's Alternative Energy Division heralds a new beginning for the specialist engineer

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Pressure Tech - slimmed down group looks in much better shape

12/12/2018

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…

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Pressure Tech - proposed sale of Alternative Energy Division

10/12/2018

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 frustratingly…

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Pressure Tech - interim results offer more colour on trading, outlook and forecasts

12/06/2018

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…

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Pressure Tech - sale of Hydratron business

08/06/2018

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…

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Pressure Tech - perfect storm of timing issues impact the current financial year

30/05/2018

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…

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Pressure Tech - with a supportive oil price 2018 looks more encouraging

13/12/2017

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…

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Placing looks a good move as opportunities beckon

17/10/2017

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…

Pressure Technologies PLC (PRES)

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