Chesterfield Special Cylinders Holdings plc (LSE:CSC) reported a marked improvement in its financial performance for FY25, with revenue rising 12% year on year to £16.6 million and a return to profitability at the Adjusted EBITDA level, generating £0.8 million. The results reflect a recovery from a difficult FY24 and highlight strengthening momentum across the group’s core operations.
Operational performance was underpinned by record contributions from hydrogen-related activities and Integrity Management services, alongside strong demand from overseas defence customers. The disposal of the PMC division also played a key role in reinforcing the balance sheet, improving financial flexibility and positioning the group for future expansion.
Looking ahead, management expects FY26 to benefit from continued growth opportunities in hydrogen energy infrastructure and global defence programmes. While the broader outlook acknowledges ongoing financial pressures, including historical revenue volatility and net losses, progress in debt reduction and cash flow management represents a step in the right direction. However, technical indicators remain cautious, and the absence of clear valuation benchmarks continues to weigh on investor confidence.
Overall, the group enters the new financial year with improved operational footing, stronger market positioning, and a clearer strategic focus on high-growth, safety-critical sectors.
More about Pressure Technologies
Chesterfield Special Cylinders Holdings plc is a specialist engineering group focused on the design and manufacture of high-pressure gas storage and transportation systems. Its products and services serve safety-critical industries, including defence and hydrogen energy, and are supported by lifecycle offerings such as inspection, testing, and recertification.

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