Hardide (HDD)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 29.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 40.20
  • 52 Week Low: 27.50
  • Currency: UK Pounds
  • Shares Issued: 55.88m
  • Volume: 0
  • Market Cap: £16.20m
  • RiskGrade: 249

Hardide revenues on the rise as sales mix improves

By Iain Gilbert

Date: Thursday 26 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Surface coating technology developer Hardide expects to report revenues of roughly £5m for the year ending 30 September, reflecting an improved sales mix and continued investment into the group.


Hardide said on Thursday that underlying earnings were set to be in line with expectations as early indications of strong demand across its target markets continued throughout the year.

The AIM-listed company said sales to its major flow control customer in North America more than doubled during the year and highlighted increases in sales to the precision engineering sector and the coating of industrial diamonds for use in the oil and gas industry.

Fitting-out of Hardide's new UK premises has begun, with relocation to the new facility currently on track for September 2020.

Chief executive Philip Kirkham said: "We are pleased to announce the second consecutive year of record sales revenue. Revenue for the second half-year is expected to be approximately 13% ahead of the first half and the full year approximately 9% ahead of the last financial year.

"Demand remains strong and we are optimistic about further growth in the year ahead."

As of 0920 BST, Hardide shares had climbed 4.83% to 76p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hardide Market Data

Currency UK Pounds
Share Price 29.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 40.20
52 Week Low 27.50
Volume 0
Shares Issued 55.88m
Market Cap £16.20m
RiskGrade 249

Hardide Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.51% above the market average4.51% above the market average4.51% above the market average4.51% above the market average4.51% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
32.71% below the market average32.71% below the market average32.71% below the market average32.71% below the market average32.71% below the market average
5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average
Income Not Available
Growth
45.22% below the market average45.22% below the market average45.22% below the market average45.22% below the market average45.22% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

Hardide Dividends

No dividends found

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

Hardide Key Personnel

Chair Robert Goddard
CEO Philip Kirkham
Finance Director Simon Hallam

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