We occupy a highly unique position within the fluid power supply chain, with a number of key features which make us an attractive investment option.
Through a highly developed multi-channel strategy, Flowtech Fluidpower is one of few globally, and the only UK aggregator to provide a full spectrum of fluid power capabilities. We are specialists within our field; our depth and width of product, broad engineering capabilities and unrivalled service levels are key differentiators, setting us apart from other competitors and enabling us to hold a unique position in our market with no sizeable competition. Our management teams are highly experienced and works in an environment driven by collaboration, this is mirrored through the organisation delivering a market-leading workforce committed to delivering excellence.
Aligned with a leading global supply base and a diverse market distributor network, we have access to over 500,000 products across multiple global and exclusive own brands and hold nearly £30m in stock across the Group. Through this strong product set, purchasing synergies and technical expertise, the Group has been able to develop a reputation for delivering high quality products and market leading services linked to wider added value offerings. Our mix of generic, branded and exclusive own brand products combined with bespoke manufactured solutions is unmatched in the market.
The fluid power market is highly fragmented with multiple manufacturer brands supplying directly to equipment manufacturers and industrial users, and a smaller number of master distribution companies selling into distribution and resale markets. Our multi-channel strategy enables us to cover all three channels; distribution, Original Equipment Manufacturers (OEMs*) and industrial end users, operating across a wide range of sectors through a diverse customer base. Our catalogue, design and business development support services make us integral to our distribution customers’ marketing strategies.
* OEMs make parts and equipment to be used or sold by other manufacturers.
We continue to develop a focused offering across many channels and sectors, driven by both organic growth and a focused acquisition strategy of adding complementary businesses from within the fluid power market in the UK and Europe. Our organisational structure has been designed for growth; business units focused on product design, manufacturing, sales and service, supported by a strong central support team, world class purchasing and logistics function and bespoke integrated IT systems, allowing quick integration and consolidation.
Strong consistent GP% margins are the cornerstone, driven by a clear focus on the fluid power sector, which translates to consistent EBITA growth.
Successful in delivering year-on-year growth, retention of a strong dividend policy is a foundation for the investment case in the Group.
Strong cash & dividend flow