Hardide narrows losses, flags plans to raise further funds

8th Feb 2024 12:06

(Sharecast News) - Surface coating specialist Hardide reported a 10% improvement in revenue in its preliminary results on Thursday, to a record £5.5m, driven by robust demand in the oil and gas sector, expanded aerospace work in the fourth quarter, and successful cost inflation recovery through selling prices.

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Energy sector drives first-half growth at Hardide

17th May 2023 15:35

(Sharecast News) - Surface coating technology specialist Hardide reported revenue of £2.9m in its first half on Wednesday, representing a 9% increase over the first half of last year.

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Hardide reiterates cautious optimism for rest of financial year

23rd Mar 2023 14:18

(Sharecast News) - Surface coating technology company Hardide reiterated its cautiously optimistic outlook in an update on Thursday, reporting some growth across its key markets of energy, aerospace, and industrial products.

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Hardide ends year in line with expectations

13th Oct 2022 13:19

(Sharecast News) - Surface coating technology company Hardide said in a trading update on Thursday that revenues for the financial year just ended were set to meet its expectations of £5m, up almost 40% on last year.

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Hardide trades 'strongly' in H1, sales seen higher YOY

11th Mar 2022 08:03

(Sharecast News) - Chemicals company Hardide told investors at its annual general meeting on Friday that the first half of its trading had started "strongly", with sales expected to be over 40% higher than the same period last year.

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Hardide positive on outlook after tougher 2021

6th Dec 2021 12:09

(Sharecast News) - Surface coating technology company Hardide reported revenue of £3.6m in its preliminary results on Monday, down from £4.8m year-on-year, although its board described a "positive outlook" across the company's target sectors.

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Hardide sees improvements across all key markets

7th Oct 2021 15:19

(Sharecast News) - Surface coating technology company Hardide said in a trading update on Thursday that expected improvements across all of its key markets had come through in the closing months of its financial year.

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Hardide set to end year in line with expectations

23rd Sep 2020 11:24

(Sharecast News) - Surface coating technology company Hardide said on Wednesday that it was expecting to report revenues of £4.7m for the year ending 30 June, and an EBITDA loss of £0.5m.

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Hardide H1 revenues surge

31st Mar 2020 09:57

(Sharecast News) - Surface coating technology group Hardide saw revenues surge 25% year-on-year in the six months ended 31 March on the back of strong demand from customers in the oil and gas, flow control and precision engineering sectors.

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Director dealings: Hardide co-founder lowers stake

21st Jan 2020 16:36

(Sharecast News) - Hardide revealed on Tuesday that co-founder Yuri Zhuk had sold 208,775 ordinary shares in the AIM-listed coatings manufacturer.

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Hardide raises ?2.5m in 'substantially oversubscribed' placing

21st Jan 2020 14:42

(Sharecast News) - Advanced surface coating technology company Hardide has conditionally raised £2.5m before expenses by way of a placing, it announced on Tuesday.

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Hardide loss deepens on mounting costs

9th Dec 2019 12:19

(Sharecast News) - Hardide on Monday reported a double digit increase in profits, though its loss widened due to increased investment and the costs of its new facility.

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Hardide revenues on the rise as sales mix improves

26th Sep 2019 09:22

(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.

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Hardide orders three new coating reactors

21st Aug 2019 08:19

(Sharecast News) - Advanced surface coating technology developer Hardide has ordered three new coating reactors as part of its efforts to increase production capacity.

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Hardide posts record sales amid oil & gas recovery

10th Dec 2018 14:33

(Sharecast News) - Hardide reported record full-year revenues on Monday as gross profit rose thanks in part to a recovery in the oil and gas sector.

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