Surface 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'.
Read moreSurface Transforms finalises deal with unnamed German manufacturer
27th Aug 2019 16:04
(Sharecast News) - Carbon fibre-reinforced ceramic brake disc manufacturer Surface Transforms has concluded the final contractual terms on the contract award with a client named 'German OEM 5', it announced on Tuesday.
Read moreSurface Transforms upbeat on recent contract activity
28th Jun 2019 15:22
(Sharecast News) - Surface Transforms has been selected as the tier two carbon ceramic brake disc supplier on a new car to an existing British original equipment manufacturer (OEM) customer, it announced on Friday.
Read moreSurface Transforms plummets on revenue downgrade
7th May 2019 08:11
(Sharecast News) - Surface Transforms' (ST) shares dived on Tuesday after the company lowered its full-year revenue expectations due to production delays at OEM (original equipment manufacturer) customers.
Read moreSurface Transforms revenues take a dip
4th Dec 2018 14:59
(Sharecast News) - Surface Transforms updated the market on its trading for the six months ended 30 November on Tuesday, reporting a fall in revenues to £0.51m from £0.52m a year earlier.
Read moreSurface Transforms doubles revenues at new home on Merseyside
17th Sep 2018 09:23
(Sharecast News) - High-performance ceramic brake disk manufacturer Surface Transforms on Monday reported reduced annual losses even though revenues almost doubled during the year ended 31 May.
Read moreTurnover and earnings tumble at Surface Transforms
13th Feb 2017 11:33
(ShareCast News) - Carbon fibre reinforced ceramic materials manufacturer Surface Transforms posted its half-year financial results for the six months to 30 November on Monday, with turnover decreasing to £0.33m from £0.78m in the first half of the prior year. The AIM-traded company said its total c
Read moreSurface Transforms on the up with new contract win
2nd Feb 2017 08:53
(ShareCast News) - Surface Transforms ticked higher on Thursday after the manufacturer of carbon fibre reinforced ceramic brake discs announced it had won a new contract to supply its product as part of construction of new limited edition car. The AIM-listed company has been selected as the tier two
Read moreSurface Transforms' rising research costs dampen performance
10th Oct 2016 11:45
(ShareCast News) - Surface Transforms, a manufacturer of next-generation carbon ceramic brake discs for the automotive and aircraft industries, incurred a full-year loss despite rising revenues due to increased research costs and warned of increased losses for the following year. The group's revenue
Read moreWednesday broker round-up
15th Jun 2016 15:32
(ShareCast News) - Arrow Global Group: Goldman Sachs reiterates buy with a target price of 340p. Crest Nicholson: JP Morgan keeps at overweight with a 700p target. Shire: Exane BNP Paribas stays at outperform with a target price of 5700p and Jefferies keeps at buy with a target price of 5500p. Woo
Read moreSurface Transforms wins cash boost to expand plant
18th Feb 2016 16:05
(ShareCast News) - Surface Transforms has secured funds to help it move into larger site, receiving a cash injection from a Liverpudlian investment fund and signing heads of terms for a lease on large new manufacturing premises. The AIM-traded producer of carbon-fibre reinforced ceramic materials sa
Read moreSurface Transforms moving closer to profitability
3rd Feb 2016 11:21
(ShareCast News) - Surface Transforms was moving closer to profitability with its advanced carbon fibre products on Wednesday, updating the market on its first half results to 30 November 2015. Turnover at the AIM-traded carbon fibre-reinforced ceramic manufacturer increased to £782,000 during the p
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