Pressure Technologies (GB:PRES) has released an update.
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Pressure Technologies PLC, a specialist engineering group, is nearing the completion of its Precision Machined Components division sale, having finished due diligence with a preferred buyer. However, the company has tempered expectations for its full-year 2024 financial performance, forecasting a slight downturn from previous projections due to defence order delays and project hold-ups in its Chesterfield Special Cylinders division.
For further insights into GB:PRES stock, check out TipRanks’ Stock Analysis page.
