Flowtech FluidPower Plc (LON:FLO) is the topic of conversation when Zeus Capital equity research director Andy Hanson caught up with DirectorsTalk. Andy talks about the H1 trading statement, the company outlook, downgraded numbers, Flowtech strategy and how they compare to peers operational and from a valuation perspective.
Andy Hanson 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 and Benelux. They offer an unrivalled range of Original Equipment Manufacturer (OEM) and Exclusive Brand products to over 3,600 distributors and resellers. Their catalogue is recognised as the definitive source for fluid power products, containing approximately 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 if ordered by 10pm, can be delivered next day in the UK, providing ‘best in industry’ service offering.
