Hardide Plc

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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