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Pin to quick picksHardide Share News (HDD)

Share Price Information for Hardide (HDD)

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Share Price: 7.35
Bid: 7.20
Ask: 7.50
Change: 0.00 (0.00%)
Spread: 0.30 (4.167%)
Open: 7.35
High: 7.35
Low: 7.35
Prev. Close: 7.35
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Hardide sees full-year revenue ahead of market expectations

Wed, 19th Sep 2018 08:09

(Sharecast News) - AIM-listed Hardide said on Wednesday that revenue for the year to 30 September is expected to be ahead of market expectations thanks to stronger-than-anticipated demand from two major supply agreements.The company, which develops and provides advanced surface coating technology, said revenue will exceed £4.4m, while earnings before interest, taxes, depreciation and amortisation will be in line with market forecasts.Hardide attributed the record revenue to stronger-than-expected demand from two supply agreements, one with a "major" international oil and gas operator and the other with a global provider of drilling completion technology. It also pointed to the general recovery in demand from the oil and gas sector.Chief executive officer Philip Kirkham said: "We are pleased to announce record revenue underpinned by a recovery in demand from the oil and gas sector, particularly from new customers with applications where the Hardide coating offers them significant technical and commercial advantages. We are continuing to work with these customers to explore further opportunities and are optimistic for the future. "The company looks forward to reporting its preliminary results for the year to 30 September 2018 on or around 10 December 2018."At 1600 BST, the shares were up 4.9% to 1.94p.
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UK shareholder meetings calendar - next 7 days

Monday 7 March 
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Tuesday 8 March 
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Caretech Holdings PLCAGM
Driver Group PLCAGM
Redx Pharma PLCAGM
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IN BRIEF: Hardide optimistic on future despite widening annual loss

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Hardide positive on outlook after tougher 2021

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Hardide sees improvements across all key markets

(Sharecast News) - Surface coating technology company Hardide said in a trading update on Thursday that expected improvements across all of its key markets had come through in the closing months of its financial year.

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IN BRIEF: Hardide on solid financial footing, expects demand recovery

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