Pressure Technologies Full Year 2024 Earnings: Misses Expectations

Pressure Technologies (LON:PRES) Full Year 2024 Results

Key Financial Results

• Revenue: UK£14.8m (down 54% from FY 2023).
• Net loss: UK£2.35m (loss widened by 245% from FY 2023).
• UK£0.061 loss per share (further deteriorated from UK£0.018 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pressure Technologies Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 57%.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Energy Services industry in the United Kingdom.

Performance of the British Energy Services industry.

The company's shares are down 12% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Pressure Technologies that we have uncovered.

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