25 April 2016 – New product trials in Italy
The group has announced that it has signed a letter of intent to trial the Flow boiler in Italy to see if there is a potential market there. The agreement has been signed with a company which is part of an Italian heating consortium and as the Italian market is the third largest in Europe this could be an interesting development. The first installations of the Flow boiler in the UK have now been completed on time and according to plan and these are performing as expected – we upgrade our recommendation to SPECULATIVE BUY.