Hardide plc (HDD.L) develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its patented technology is unique in combining, in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency. Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, precision engineering and aerospace industries.
Research
9 Feb 2024 Prelims: FY23 in line, slower start to FY24 prompts fundraising
Hardide Plc
18 Oct 2023 Update: Higher selling prices and cost control benefit FY23e
Hardide Plc
17 May 2023 Interims: H1 revenue growth reflects momentum and visibility
Hardide Plc
23 Mar 2023 Update – Reiterates ‘cautious optimism’
Hardide Plc
9 Feb 2023 Finals – Demand growth across all industrial sectors
Hardide Plc
13 May 2022 Interims – Revenues rebuilding, cash flow improving
Hardide Plc
22 Feb 2022 Update – Competitively positioned, strong IP and outlook
Hardide Plc
8 Dec 2021 Prelims – Strong start to FY22, all key markets recovering
Hardide Plc
18 May 2021 Interims in line
Hardide Plc
4 Feb 2021 Update post fundraise
Hardide Plc
9 Dec 2020 Solid results, capacity expansion completed
Hardide Plc
26 May 2020 Solid Interims, Positive outlook
Hardide Plc
9 Dec 2019 Initiation
Hardide Plc