Flowtech Fluidpower, the AIM-listed specialist provider of hydraulic, pneumatic and process products and engineering services, said trading for the six months to 30 June was in line with the Board's expectations.
Group revenue rose 23.7% to £70.4m, up from £56.9m a year earlier, with like-for-like revenue growth of 13.2% marking a significant improvement on the first half of 2025.
The company said market share gains were achieved across all three of its geographical regions, while supply chain disruption and inflationary pressures linked to the Middle East conflict were managed through commercial and operational actions.
Two major bridge infrastructure projects contributed less than originally expected in the first half, with their revenue now weighted towards the second half.
Pre-IFRS 16 net debt fell to £16.5m from £18.5m a year earlier, leaving £8.5m of headroom within the Group's £25m committed banking facilities, which run to 2029.
The Group's five recent acquisitions, including Q Plus and Helipebs, cost approximately £6m combined and are expected to contribute around £30m of annualised revenue and more than £3m of annualised EBITDA.
Helipebs, acquired in June, has already secured more than £2m of new orders since completion.
Flowtech said it continues to trade in line with market expectations for the year ending 31 December, citing its sales pipeline, forward order book and rollout of its digital e-commerce platform across Ireland and Benelux during the third quarter as support for a stronger second half.
Interim results for the six months to 30 June are due on 8 September.
