29 July 2026 - 64.9p
The specialist supplier of hydraulic and pneumatic products and services has provided a trading update covering the six months to 30 June and this has confirmed strong trading for the period. Revenues for the period increased by 23.7% to £70.4m helped by acquisitions with market share gains in all three geographic regions. The company has dealt well with the supply chain disruptions and inflationary pressures caused by the conflict in the Middle East although gross margins have suffered to some degree. Net debt at the end of the period was £16.5m a . . .
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