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Pressure Tech - perfect storm of timing issues impact the current financial year

30/05/2018 · Pressure Technologies PLC (PRES)  · Market cap: £19m · Sector: Industrial Engineering

Pressure Tech - perfect storm of timing issues impact the current financial year

The specialist engineering Group has issued a trading update ahead of its interim results. Our previous commentary in December 2017 suggested that, with the reorganisation behind it and a more supportive oil price, the outlook was more positive. Unfortunately, timing delays have impacted the current financial year, resulting in a profit warning.


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