20 January 2026 - acquisition/trading update
Our tip to buy shares in the fluid power product group last month at 49.65p has proved timely with the shares subsequently moving up to 61p for a gain of over 22% in just a matter of days. The company has announced a trading update for the year to 31 December and this has revealed that pre-tax profits for the year will be slightly below expectations as some projects have slipped into 2026 from 2025. Nevertheless, adjusted pre-tax profits for the year are still expected to be around £3.1m for . . .
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