Flowtech Fluidpower H1 Profit Before Tax Falls, But Revenue Edges Up
Flowtech Fluidpower plc (FLO.L), an engineering company, on Wednesday, reported lower profit before tax for the first half of the year on higher administrative expenses.
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Flowtech Fluidpower plc (FLO.L), an engineering company, on Wednesday, reported lower profit before tax for the first half of the year on higher administrative expenses.
By Anthony O. Goriainoff Flowtech Fluidpower said pretax profit for the first half fell after booking higher costs, and that it expects market headwinds to...
Flowtech Fluidpower PLC on Wednesday said profit in the first half of 2023 fell, despite rising revenue, as this was offset by rising cost of sales and total administrative expenses. In the six...
Flowtech Fluidpower reported a 2.8% increase in revenue in its first-half results on Wednesday, reaching £59.1m, compared to £57.5m in the first half of 2022.
Wednesday is set to be a quiet day for corporate earnings, so the focus will likely be on a barrage of economic data from both home and abroad.