Notice of Results and Pre-Close Trading Statement

About this update from Chesterfield Special Cylinders Holdings Plc

[{"type":"text","content":"\n \nRNS Number : 2229C Pressure Technologies PLC 30 April 2012  \n \n\nNOTICE OF RESULTS & PRE-CLOSE TRADING STATEMENT \n \nPressure Technologies plc (the \"Company\") announces that its interim results for the six month period ended 31 March 2012 will be issued on Tuesday 12 June 2012.\n \nThe Company has traded and continues to trade in line with market expectations for the financial year ending 29 September 2012.\n \nFor further information, please contact:\n \n\n\n\n\nPressure Technologies plc\nJohn Hayward, Chief Executive\nJames Lister, Group Finance Director\n \n\n\nToday only: 020 7920 3150\nThereafter:  0114 242 7500\nwww.pressuretechnologies.co.uk\n\n\n\n\nTavistock Communications\nCatriona Valentine\nKeeley Clarke\n \n\n\nTel:  020 7920 3150\n \n\n\n\n\nFairfax IS PLC \nNominated Adviser and Broker\nSimon Bennett\nEwan Leggat\nStuart Gledhill\n \n\n\nTel: 020 7598 5368\n\n\n\n\nCompany description:\n \nPressure Technologies is an AIM listed, leading designer and manufacturer of speciality engineering solutions for high pressure systems serving large global markets. The Group is organised into three divisions: Cylinders, Engineered Products and Alternative Energy.\n \nCylinders: Chesterfield Special Cylinders Limited (\"CSC\") designs, manufactures and offers retesting and refurbishment services for a range of speciality high pressure, seamless steel gas cylinders for global energy and defence markets. The business is conducted under the \"Chesterfield\" brand which is a long established name in the cylinders and specialised pressure vessel market. \n \nEngineered Products: This division comprises Al-Met Limited (\"Al-Met\") and the Hydratron group of companies (\"Hydratron\"). \n  \nAl-Met is a niche manufacturer of specialised, precision engineered valve wear parts used in the oil and gas industries, which was acquired by Pressure Technologies in February 2010. Its products are used in high-pressure choke and flow control valves, designed to regulate flow volumes in extremely demanding applications in the subsea and surface oil and gas industries. The business, which was established in 1985, has developed a leading edge capability in precision machining carbides, high grade stainless steels and super alloys. \n  \nHydratron, acquired...

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