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Cracking interim results with a very positive outlook

10/06/2014 · Pressure Technologies (PRES)  · Market cap: £19m · Sector: Industrial Engineering

The designer and manufacturer of speciality engineering solutions for high pressure systems has issued a tremendous set of interim results for 26 weeks to 29th March 2014 and a highly positive outlook for the full year. It’s been an exciting period for the Group over the past few months and everything appears to be progressing as planned. Management commented that revenue and underlying operating profit (pre-acquisition costs and related amortisation) for the full year ending 27 September 2014 are now expected to exceed current market forecasts.

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