Flowtech Fluidpower First Half 2023 Earnings: EPS: UK£0.023 (vs UK£0.042 in 1H 2022)
Flowtech Fluidpower (LON:FLO) First Half 2023 Results
Key Financial Results
Revenue: UK£59.1m (up 2.8% from 1H 2022).
Net income: UK£1.40m (down 46% from 1H 2022).
Profit margin: 2.4% (down from 4.5% in 1H 2022).
EPS: UK£0.023 (down from UK£0.042 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Flowtech Fluidpower Earnings Insights
Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Trade Distributors industry in the United Kingdom.
Performance of the British Trade Distributors industry.
The company's shares are up 11% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for Flowtech Fluidpower (1 is concerning!) that we have uncovered.
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