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Pin to quick picksHardide Share News (HDD)

Share Price Information for Hardide (HDD)

London Stock Exchange
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Share Price: 6.75
Bid: 6.50
Ask: 7.00
Change: 0.00 (0.00%)
Spread: 0.50 (7.692%)
Open: 6.75
High: 6.75
Low: 6.75
Prev. Close: 6.75
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Hardide reports first half loss

Tue, 18th Jun 2013 09:20

Hardide, which provides advanced surface coating technology, reported a first half loss as turnover fell.The company posted an interim loss of £0.1m in the six months ended March 31st, compared to a profit of £0.2m in 2012.Turnover dropped by 18% to £1.26m from £1.54m, as a result of a major inventory adjustment by a dominant customer.Gross profit decreased by 23% to £0.85m from £1.12m."Our 2013 half year results have been weakened primarily by a rapid inventory reduction exercise by one major customer," said Robert Goddard. "This has resulted in what is expected to be a short term dip in demand and projected to be resolved by the end of 2013. The company is achieving positive developments technically and with other customers. So, while this set back is disappointing, the confidence of the board remains high."Shares dipped 4.08% to 1.18p at 09:44 Tuesday.RD
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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18 Mar 2024 16:10

UK shareholder meetings calendar - next 7 days

Tuesday 19 March 
BlackRock Throgmorton Trust PLCAGM
Crest Nicholson Holdings PLCAGM
Eco Animal Health Group PLCGM re share buybacks
Gresham House Renewable Energy VCT 1 PLCAGM
Gresham House Renewable Energy VCT 2 PLCAGM
Nuformix PLCAGM
Scirocco Energy PLCGM re requisitioned resolution to implement cash strategy
Various Eateries PLCAGM
Wednesday 20 March 
abrdn Property Income Trust LtdGM re merger with Custodian Property Income REIT PLC
BSF Enterprise PLCAGM
CEPS PLCGM re capital reduction
MTI Wireless Edge LtdAGM & EGM re appointing Hani Lerman as external director
Thursday 21 March 
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LungLife AI IncSpecial meeting re placing and subscription
Pressure Technologies PLCAGM
Friday 22 March 
Kitwave Group PLCAGM
Triple Point Energy Transition PLCGM re managed wind-down
URU Metals LtdAGM
Monday 25 March 
Digital 9 Infrastructure PLCGM re managed wind-down
Hardide PLCAGM
Sondrel Holdings PLCGM re convertible loan agreement and proposed fundraise
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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