logo-loader
viewHardide PLC

Hardide PLC's full-year results to exceed expectations

full_year_results_350_541aa004464b0.jpg

Surface coating technology firm Hardide (LON:HDD) expects full-year results to be slightly ahead of market forecasts.

The company said it has maintained momentum in the second half of the year, with progress underpinned by its new major supply contract with General Electric Company coming on stream as expected, while there has also been a return to a more normal level of orders from a major oil & gas customer.

Shares fell 2.9% to 2.02p, however, as there is still no visible end to the company’s seemingly endless trial period with Airbus, though the company did reveal that testing is now in the qualification phase and is progressing faster than previously.

Airbus is testing a Hardide coating as an alternative to hard chrome plating for certain aerospace applications.

Quick facts: Hardide PLC

Price: 37.5 GBX

AIM:HDD
Market: AIM
Market Cap: £19.96 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Pure Gold releases more impressive drill results from their underground work...

Pure Gold Mining (CVE: PGM- LSE: PUR) CEO Darin Labrenz joined Steve Darling from Proactive to discuss the company’s most recent drill results that show impressive numbers like 46.7 g/t gold over 7.0 metres and 57.0 g/t gold over 1.0 metre. Labrenz telling Proactive about that underground...

6 hours, 35 minutes ago

2 min read