Hardide (HDD)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

33.50p
   
  • Change Today:
    -0.50p
  • 52 Week High: 42.50
  • 52 Week Low: 26.00
  • Currency: UK Pounds
  • Shares Issued: 55.88m
  • Volume: 1,315
  • Market Cap: £18.72m
  • RiskGrade: 249

Hardide warns of decreased demand continuing in to new year

By Iain Gilbert

Date: Thursday 16 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Surface coating technology group Hardide warned on Thursday that decreased demand for its products would likely carry over into the new trading year as a result of the Covid-19 pandemic.
Hardide said it had "started to see the risk" of slower demand following what had previously been a summer full of "robust customer demand" as order book delays began to come through.

The AIM-listed group stated that its order book had been particularly impacted by a delay to a large order from an unnamed major oil well operator.

As far as the numbers were concerned, Hardide expects revenues to be at least £4.7m, while its adjusted underlying loss was pegged to be roughly £500,000.

However, Hardide did note that due to its strategy of maintaining a "substantial cash buffer" to cover unexpected downturns, based on current sales projections, it had "sufficient cash reserves" for the medium to long-term.

As of 1055 BST, Hardide shares were down 1.97% at 29.90p.

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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 33.50p
Change Today -0.50p
% Change -1.47 %
52 Week High 42.50
52 Week Low 26.00
Volume 1,315
Shares Issued 55.88m
Market Cap £18.72m
RiskGrade 249

Hardide Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.39% below the market average8.39% below the market average8.39% below the market average8.39% below the market average8.39% below the market average
5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average5.88% above the sector average
Price Trend
7.15% below the market average7.15% below the market average7.15% below the market average7.15% below the market average7.15% below the market average
15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average
Income Not Available
Growth
38.29% below the market average38.29% below the market average38.29% below the market average38.29% below the market average38.29% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

Hardide Dividends

No dividends found

Trades for 27-Jan-2022

Time Volume / Share Price
10:55 1,315 @ 33.00p

Hardide Key Personnel

Chair Robert Goddard
CEO Philip Kirkham
Finance Director Simon Hallam

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