9 April 2025 - final results
The AIM-listed fluid power group has released its results for the year to 31 December and these have revealed a decline in turnover to £107m (2023: £112m) as expected, with underlying pre-tax profits coming in at £0.9m (2023: £4.3m). The company has decided not to pay a dividend as it feels that the cash saved can be used within the business to better effect. The results look disappointing at first glance but they do not really show what has happened behind the scenes where there has been considerable reorganisation. The new . . .
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