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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hardide Plc | LSE:HDD | London | Ordinary Share | GB00BJJPX768 | ORD 4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.25 | 4.17% | 6.25 | 6.00 | 6.50 | 6.25 | 6.00 | 6.00 | 1,226,071 | 08:14:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Coat,engrave,allied Svc, Nec | 5.5M | -1.12M | -0.0142 | -4.40 | 4.71M |
TIDMHDD
RNS Number : 6367Y
Hardide PLC
05 March 2012
Press Release 05 March 2012
Hardide plc
("Hardide" or "the Group")
Trading Update
Hardide plc (AIM:HDD), the provider of unique metal surface engineering technology, today gives a trading update prior to the Group's interim results for the half year ending 31 March 2012.
The board is pleased to announce that the Group expects to report half year revenue that will be considerably above the same period last year following a strong flow of completed orders during the first half, due to which the board now believes it will comfortably exceed market expectations for the full year if the level of sales enjoyed in the first half is sustained in the second. Despite this good start to the year, the board will continue to monitor progress closely due to the Group's previous experience of very uneven demand following periods of stockbuilding by customers.
Meanwhile the Group continues to add new customers and develop new applications for existing customers. Investment in business and market development also continues and the board is pleased with the continued development of the Group's pipeline across the key markets of oil & gas, flow control, aerospace and advanced engineering.
The Group intends to announce its interim results for the six months ending 31 March 2012 in June 2012.
Ends
For further information:
Hardide plc Robert Goddard, Chairman Tel: +44 (0) 1869 353830 Jackie Robinson, Communications www.hardide.com Manager N+1 Brewin Andrew Craig/Ben Wright Tel: +44 (0) 203 201 3916 www.nplus1brewin.com
Note to editors
Hardide Coatings
Hardide develops, manufactures and applies tungsten carbide-based coatings to a wide range of engineering components. The Group's patented technology is unique in that it combines abrasion, erosion and corrosion resistant properties in one coating. When applied to metal components, the technology is proven to offer dramatic cost savings through reduced downtime and extended part life. Customers include leading companies operating in oil and gas exploration and production, valve and pumps manufacturing, general engineering and aerospace.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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