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IN BRIEF: Pressure Technologies Loss Balloons In Virus-Hit Year

14th Jan 2021 14:10

Pressure Technologies PLC - Sheffield-based specialist engineering for pressure containment and control - Revenue in year ended October 3 falls 10% to GBP25.4 million from GBP28.3 million. Pretax loss widens to GBP20.0 million from GBP515,000. Says revenue hurt by poor trading conditions, virus disruption, and deferral of key defence contract.

Current stock price: 99.00 pence

Year-to-date change: down 10%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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