Flowtech Fluidpower - Analyst interview, finnCap
FLO
,
FCAP
Tue, 11 Jul 2017, 09:00am BST
Flowtech Fluidpower plc is a leading specialist in fluid power products and solutions. Through hydraulics, pneumatics and associated industrial products, we focus on moving liquid, gas or air to generate power which keeps industry moving.
Industry: Industrial Goods & Services
Contact:
Bollin Walk, Wilmslow, United Kingdom
http://www.flowtechfluidpower.com
finnCap raise their forecast EPS by 3.3% in FY17 and 6.8% in FY18, as well as raising their PT from 170p to 182p following an encouraging H1 update. Trading is on track to achieve existing FY expectations, showing good sales growth and they see the acquisition of OCL to be complementary, boosting the Process division.