Flowtech Fluidpower Plc (LON:FLO) announced its AGM statement, so DirectorsTalk caught up with Andy Hanson Director of Equity Research at Zeus Capital to talk about trading, growth forecast, the acquisitions and current valuation.
Andy is an experienced Equity Analyst and Fund Manager, joining Zeus Capital in May 2013 as an Equity Analyst covering support services and special situations. After gaining a postgraduate degree in finance, he joined a leading pan-European long short equity hedge fund. After six years investing in large cap European equities, Andy went on to manage a small and mid cap Global Growth Fund.
Flowtech Fluidpower plc, founded as Flowtech in 1983, is the UK’s leading specialist supplier of technical fluid power products with modern distribution facilities in the UK, ROI and Benelux. It offers an unrivalled range of Original Equipment Manufacturer (OEM) and Exclusive Brand products to over 3,600 distributors, resellers and end users. Its catalogue is recognised as the definitive source for fluid power products, containing over 52,000 individual product lines and is distributed to more than 85,000 industrial Maintenance, Repair and Overhaul end users (MRO). Over 80% of product is stocked and ordered by 10pm, can be delivered next-day in the UK, providing ‘best in industry’ service offering.
