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Flowtech Fluidpower ( (GB:FLO) ) has shared an update.
Flowtech Fluidpower plc has appointed Cooper Parry Group Limited as its new external auditor, effective from 23 September 2025, following a competitive tender process. The change marks the end of an 11-year tenure with Grant Thornton UK LLP, with no outstanding matters reported by the outgoing auditor, indicating a smooth transition and potentially strengthening Flowtech’s financial governance.
The most recent analyst rating on (GB:FLO) stock is a Buy with a £130.00 price target. To see the full list of analyst forecasts on Flowtech Fluidpower stock, see the GB:FLO Stock Forecast page.
Spark’s Take on GB:FLO Stock
According to Spark, TipRanks’ AI Analyst, GB:FLO is a Neutral.
Flowtech Fluidpower’s overall stock score is primarily impacted by its financial performance challenges, including negative profit margins and inconsistent cash flow. Technical analysis indicates a bearish trend, while valuation metrics are weak due to negative earnings. These factors collectively result in a moderate stock score.
To see Spark’s full report on GB:FLO stock, click here.
More about Flowtech Fluidpower
Flowtech Fluidpower plc is the largest supplier of fluid power products, systems, and solutions in the UK, Ireland, and Benelux. The company specializes in minimizing downtime, optimizing performance, and maximizing the lifespan of industrial operations, serving a diverse range of industry sectors in the highly fragmented £30bn European market.
Average Trading Volume: 123,668
Technical Sentiment Signal: Hold
Current Market Cap: £45.9M
Learn more about FLO stock on TipRanks’ Stock Analysis page.