Small Cap Value Report (Tue 17 Apr 2018) - FLO, FLTA, PRV, CTG, FDL

Hi, it's Paul here!

I've got a lot of preparation to do for this Saturday's UK Investor Show. So please forgive me if this week's SCVRs are a little shorter than usual.

I'll get started with a couple of reader suggestions;

Flowtech Fluidpower (LON:FLO)

Filta Group (LON:FLTA)

Flowtech Fluidpower (LON:FLO)

Share price: 174.25p (up 0.6% today)No. shares: 56.4mMarket cap: £98.3m

Q1 2018 trading update

AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: symbol FLO), is pleased to announce the following unaudited update on its performance for the three months ended 31 March 2018 and to the period up to this announcement: 

Strong revenue growth, but mainly from acquisitions.

Q1 revenues £26.5m (up 51.4% on prior year, which is slightly different to the 49.7% increase mentioned below, I'm not sure what the discrepancy is)

Six deals seems an awful lot to do in one year;

Group revenue during the first three months of the current year increased by 49.7%, of which 6.3% was organic, with the balance representing acquisitive growth from the six deals completed in the past twelve...