Proactiveinvestors United Kingdom Hardide Plc Proactiveinvestors United Kingdom Hardide Plc RSS feed en Wed, 16 Oct 2019 17:34:02 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Long-term opportunities in aerospace and power generation underpin steady Hardide Wed, 10 Jul 2019 13:01:00 +0100 Turbine protection can be a game-changer for Hardide says boss Kirkham Wed, 03 Jul 2019 09:50:00 +0100 Hardide finally gets approval to become an Airbus supplier Wed, 29 Mar 2017 11:44:00 +0100 Hardide opens US production facility Thu, 07 Jan 2016 10:48:00 +0000 Hardide's swings to loss as its second half is hit by low oil price Mon, 07 Dec 2015 12:39:00 +0000 Hardide PLC's trading slightly ahead of budget Mon, 09 Feb 2015 06:11:00 +0000 UPDATE - Hardide PLC's record revenues justify investment in capacity Tue, 25 Nov 2014 11:04:00 +0000 Hardide PLC boosts capacity at Bicester plant; plans US launch Tue, 28 Oct 2014 10:38:00 +0000 Hardide PLC's full-year results to exceed expectations Thu, 18 Sep 2014 08:50:00 +0100 Hardide plc passes first Airbus test Tue, 22 Jul 2014 07:01:00 +0100 BIG PICTURE: Hardide's marketing push starting to pay off Hardide plans to keep the marketing push going as it seeks to increase awareness of its unique surface coating technology.

Wed, 28 May 2014 10:21:00 +0100
UPDATE - Hardide PLC sees continued improvement in trading Wed, 28 May 2014 08:59:00 +0100 Hardide confident as orders recover Wed, 30 Apr 2014 09:48:00 +0100 Hardide "on the verge of some huge opportunities" Tue, 15 Apr 2014 13:52:00 +0100 Hardide ready to take flight Already a well-regarded operator in the oil & gas sector, Hardide plc sees plenty of opportunities to spread its wings, especially in the aerospace industry. 

Tue, 08 Apr 2014 12:12:00 +0100
Hardide soars as it expects to beat market expectations for full-year Fri, 24 Aug 2012 08:47:00 +0100 Hardide shares rocket as it reveals revenues will beat expectations Fri, 01 Oct 2010 08:48:00 +0100 Hardide to cut jobs in UK, suspend Houston plant in response to falling demand Tue, 10 Mar 2009 07:54:00 +0000 Hardide plunges after shares recommence trading
Today the company confirmed that a combination of slower growth and the reduction in demand from a major UK customer meant it would miss market expectations and require additional cash for working capital. The company also announced that it had replaced its CEO with Graham Hine.

Hardide will place 42.5 million shares at 3 pence per share and take on a convertible loan note for £0.225 million to raise a total sum of £1.5 million. The loan note can be converted to equity at 4.5 pence per share and carries an 8 percent coupon. Two existing £0.5 million loans due to be repaid this year will also be extended until September 2009.

Shares in Hardide traded 2.375 pence lower at 4 pence per share.
Tue, 03 Jun 2008 01:42:00 +0100
Hardide tungsten coating approved by U.S. FDA
Hardide said that the approval will open up 'significant' opportunities. Hardide has subsequently entered tests with leading manufacturer of high-pressure homogenisers and homogenisation systems used in the food, dairy and beverage industries. Hardide added that it intended to leverage its position through its facility located in Houston, Texas.

"This is a major development for Hardide as it opens up a vast range
of new opportunities for the Group internationally where we can offer a solution to the many food manufacturing applications where part failure due to wear, corrosion and galling is an issue." commented Jim Murray-Smith, Chief Executive of Hardide. "Hardide's entry into the food processing sector is a natural progression following the Group's success in the valve and pump markets within high wear
industries such as oil and gas, power generation and chemicals. We are confident that the food processing sector holds considerable potential for Hardide and that our unique coating will soon be incorporated into selected applications in this new market."
Thu, 20 Sep 2007 07:37:00 +0100
Proventec plc divests of 21.5% stake in Hardide plc
The 31,499,725 shares were placed to Hardide's current shareholders. The exit will provide Proventec with a net profit of #0.7 million with the proceeds used to continue the development of Proventec's core businesses in hygienic solutions and preventative coatings.

CEO David Chestnutt said: "This full exit from Hardide follows on from the reduction the Company announced back in May 2006 and, as stated then, it makes strategic sense for both parties. Through our subsidiary, FMS, we have been long term original holders in Hardide and have been financially supportive through Hardide's corporate development and we wish them well in the future.

"Our policy of exiting non-core investments in recent months places the Company in a strong position to facilitate the next stage of our own growth ambitions. We are keen to expand our execution capabilities in marketing and sales in-house as well as actively pursuing joint ventures and complementary acquisitions particularly in Europe and North America."

Hardide plc shareholders took the news badly, sending the shares 10% lower. Hardide provides and applies tungsten carbide coatings to a wide range of engineering components using a patented technology that combines both abrasion and corrosion resistant properties in one coating.

Mon, 12 Feb 2007 08:32:00 +0000