| NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Thursday,4 August 2022 |
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FLOWTECH FLUIDPOWER PLC
(the "Company")
2022 Half-Year Results - Investor Presentation
AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: symbol FLO), is scheduled to release its Half-year results for the period ended 30 June 2022 on Wednesday, 31 August 2022.
The Company will be holding a 'live' presentation via the Investor Meet Company (IMC) platform on the 31st at 9.00am which will be hosted by CEO Bryce Brooks, and CFO Russell Cash.
Investors can register (free of charge) for the event on the Investor Meet Company platform via the following link:
https://www.investormeetcompany.com/flowtech-fluidpower-plc/register-investor
Questions can also be submitted pre-event via the Investor Meet Company dashboard up until 9.00am the day before the meeting or at any time during the presentation.
Investors who already follow Flowtech Fluidpower plc on the IMC platform will automatically receive an invitation to join the event.
ENQUIRIES:
Flowtech Fluidpower plc
Bryce Brooks, Chief Executive
Russell Cash, Chief Financial Officer
Tel: +44 (0) 1695 52759
Email: info@flowtechfluidpower.com
Liberum Capital Limited (Nominated adviser and Sole Broker)
Richard Lindley / Ben Cryer / William Hall / Will King
Tel: 44 (0) 20 3100 2000
TooleyStreet Communications (IR and media relations)
Fiona Tooley
Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com
Investor Meet Company
Tel: +44 (0) 203 970 5522
Website: www.investormeetcompany.com
| ABOUT FLOWTECH FLUIDPOWER PLC Founded as Flowtech in 1983, the Flowtech Fluidpower Group is a group of specialist fluid power businesses. Working in partnership with customers and suppliers, we deliver essential components, customer solutions and high-quality servicing support to keep global industry moving. The business joined the AIM market in 2014. Since the start of 2021, the Group has been operating under three distinct branded segments: with Flowtech and Fluidpower Group Solutions forming what was 'Components', and Fluidpower Group Services the remainder. To read more about the Group please visit www.flowtechfluidpower.com.
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| Segment: | What we do: | Locations: |
| Flowtech |
Our focus Supply of both hydraulic and pneumatic consumables, predominantly through distribution for maintenance and repair operations across all industry markets but supported by supply agreements direct to a broad range of original equipment manufacturers (OEMs)
Channels to market: E-commerce websites, customer white label e-commerce websites, 70,000+catalogues, own and customer trade counters
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Flowtech (Skelmersdale, Leicester, Birmingham) Flowtechnology Benelux (Deventer)
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| Fluidpower Group Solutions |
Our focus Supply specialist technical hydraulic components & systems, predominantly into OEMs and end-user channels to all industry markets, supported by supply agreements with a broad range of manufacturer brands
Channels to market: Engineering collaboration through sales offices providing national and local coverage. In 2022 enhanced by new e-commerce capabilities
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Primary Fluid Power Components (Skelmersdale) Nelson Hi-Power (Dublin, Cork, Dungannon) HTL (Ludlow) Hydroflex (Brussels, Rotterdam and OudBeijerland) Derek Lane & Co (Newton Abbot, Devon) HES Tractec (Gloucester)
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| Fluidpower Group Services
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Our focus Bespoke design, manufacturing, commissioning, installation, and servicing of systems to manufacturers of specialised industrial and mobile hydraulic OEMs, and additionally a wide range of industrial end users. Capital project-based revenue.
Channels to market: In-house design and build, combined with on-site installation, servicing and support
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Primary Fluid Power Systems (Knowsley) Branch Hydraulic Systems (Gloucester) HES Onsite (Leeds, Gloucester) Orange County (Spennymoor) Hi Power Transport (Dublin, Cork, Belfast)
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All the Group's divisions have overlapping product sets, allowing procurement synergies to be maximised. The above segments are supported by a centralised back-office teams based at the Skelmersdale, Lancashire and Wilmslow, Cheshire sites in the UK. In total, the business employs 605 people. For more information please visit, Our business | Flowtech Fluidpower plc
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