Surface Transforms expecting decent sales growth
17th Apr 2024 09:03
(Sharecast News) - Carbon fibre-reinforced ceramic disc brake materials manufacturer Surface Transforms provided detailed sales guidance for 2024 on Wednesday, in response to shareholder demand for a 'worst case' forecast.
Read moreSurface Transforms shares sink after full-year sales warning
3rd Nov 2023 07:43
(Sharecast News) - Shares in Surface Transforms tanked over 40% on Friday morning after the brake disc manufacturer slashed its sales guidance due to ongoing challenges in production lines.
Read moreDirector dealings: Surface Transforms directors buy 600,000 shares
20th Oct 2022 16:59
(Sharecast News) - Surface Transforms was in the green on Thursday afternoon, after it detailed share acquisitions made by four board members in its recent placing and subscription.
Read moreSurface Transforms set to reach profitability in 2022
28th Jan 2022 12:34
(Sharecast News) - Carbon fibre ceramics company Surface Transforms said in a trading update on Friday that revenue grew 20% in 2021 to £2.4m.
Read moreSurface Transforms selected as tier-one brake disc supplier
2nd Sep 2021 16:06
(Sharecast News) - Carbon fibre-reinforced brake disc manufacturer Surface Transforms has been notified of its selection as a tier-one supplier of a carbon ceramic brake disc to its existing mainstream customer, it announced on Thursday, which it previously described as 'OEM 5'.
Read moreSurface Transforms selected as tier-one brake disc supplier to 'major' US auto firm
17th Aug 2021 09:18
(Sharecast News) - Brake discs manufacturer Surface Transforms said on Tuesday that it has been selected as a tier-one supplier to "a major mainstream US automotive company".
Read moreSurface Transforms revenue up by a third in first half
8th Jul 2021 13:59
(Sharecast News) - Carbon fibre-reinforced ceramic material technology company Surface Transforms updated the market on its half-year of trading on Thursday, reporting that revenue grew 34% to £1.2m year-on-year, exceeding its original expectation that sales would be "broadly unchanged" from the run rate achieved in the first half of 2020.
Read moreSurface Transforms reports 'stable' revenue
12th Apr 2021 15:13
(Sharecast News) - Surface Transforms reported "stable" revenue in its preliminary results on Monday, at £1.95m, compared to £1.94m in the prior year.
Read moreSurface Transforms agrees £1m Merseyside growth loan
24th Mar 2021 13:41
(Sharecast News) - Carbon fibre-reinforced ceramic brake technology company Surface Transforms has agreed to a £1m Flexible Growth Fund loan from the Liverpool City Region Combined Authority (LCRCA), it announced on Wednesday.
Read moreSurface Transforms agrees ?1m Merseyside growth loan
24th Mar 2021 13:41
(Sharecast News) - Carbon fibre-reinforced ceramic brake technology company Surface Transforms has agreed to a £1m Flexible Growth Fund loan from the Liverpool City Region Combined Authority (LCRCA), it announced on Wednesday.
Read moreSurface Transforms flags solid 2020 despite pandemic
5th Jan 2021 15:27
(Sharecast News) - Carbon fibre brake disc manufacturer Surface Transforms updated the market on its trading for the year ended 31 December on Tuesday, reporting that revenue for the year rose to £2m from £1.9m.
Read moreSurface Transforms scores tier-one supply contract with global vehicle manufacturer
14th Sep 2020 10:34
(Sharecast News) - Carbon ceramic brake discs manufacturer Surface Transforms said on Monday that it had been selected as a tier-one supplier to a mystery global vehicle manufacturer, referred to only as OEM 8.
Read moreSurface Transforms narrows losses, maintains profitability forecast
22nd Jun 2020 13:58
(Sharecast News) - Surface Transforms reported a £0.94m improvement in revenues in its preliminary results on Monday, to £1.45m, while its gross margin narrowed to 59.8% from 63%.
Read moreSurface Transforms reports revenue in line with forecasts
10th Jan 2020 15:47
(Sharecast News) - Surface Transforms updated the market on its trading for the seven months ended 31 December, being the end of its new truncated financial year as it announced on 15 August.
Read moreSurface Transforms to supply brake discs to 'major' automotive firm
26th Sep 2019 16:52
(Sharecast News) - Surface Transforms has been notified of its selection as a tier one supplier of a carbon ceramic brake disc to an unnamed "major" high performance automotive company, it announced on Thursday, which it had previously described as 'OEM 1'.
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