A market leader in position to overcome economic headwinds
PRESSURE TECHNOLOGIES was founded on its leading market position as a designer and manufacturer of high-pressure components and systems serving the global energy, defence and industrial gases markets.
It continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading.
The firm has three divisions, Precision Machined Components, Cylinders and Alternative Energy, serving four main markets: oil and gas, defence, industrial gases and alternative energy.
Analyst Robin Byde at Cantor Fitzgerald said: “Pressure Technologies has reported half year results which are in line with our revised expectations following a recent profit warning.
“Despite recent headwinds, the manufacturing divisions are probably now better placed to capture recovery in demand.”