REG - Flowtech Fluidpower - Trading Update and Notice of Half-Year Results

§ 01 Executive Snapshot

• What: Flowtech Fluidpower plc reports a trading update for H1 2026, indicating strong revenue growth and strategic acquisitions.
• Who: Flowtech Fluidpower plc, CEO Mike England, CFO Russell Cash.
• Why it matters: The company's performance and strategic actions position it well against macroeconomic challenges and contribute to long-term shareholder value.

§ 02 Key Developments

• Like-for-like revenue growth of 13.2%, with total revenue for H1 2026 reaching £70.4m, up from £56.9m in H1 2025, reflecting a 23.7% increase.
• The Group's five recent acquisitions are expected to contribute approximately £30 million in annualized revenue and more than £3 million in annualized EBITDA.
• Integration of acquisitions is progressing well, with Thorite fully embedded and Q Plus exceeding performance expectations since its acquisition in February 2026.

§ 03 Strategic Context

• The Group's proactive response to supply chain disruptions and inflationary pressures highlights its operational resilience and adaptability in a challenging market.
• Flowtech's ongoing digital investment program aims to enhance customer engagement and support future organic growth through an e-commerce platform rollout.

§ 04 Strategic Implications

• Immediate market consequences include increased market share and revenue growth in a competitive environment, supported by strategic acquisitions and operational improvements.
• Long-term implications involve leveraging acquisitions for organic growth, enhancing customer relationships, and expanding into higher-growth sectors such as infrastructure and defense.

§ 05 Risks & Constraints

• Potential risks include ongoing market challenges due to macroeconomic conditions and reliance on timely integration of acquisitions to realize projected benefits.
• Competition in the highly fragmented £30bn European market could impact market share and pricing strategies.

§ 06 Watchlist / Forward Signals

• The Group plans to announce its unaudited interim results for H1 2026 on 8 September 2026, which will provide further insights into financial performance.
• Success indicators include the execution of operational improvement initiatives and the performance of new customer contracts and supplier agreements.