Engineering firm shares fall 10%

Shares in Pressure Technologies,  the gas cylinder manufacturer, have today fallen by 10% after the company published a trading update which stated they were "materially behind market expectations" for the current financial year. The Sheffield based manufacturing company, which has divisions in the Precision Machined Components  and Engineered Products, say it is apparent that customers have pushed back decision dates on projects in the Alternative Energy Division. In a trading update this morning, Pressure Technologies said ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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