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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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IN BRIEF: Hardide lands contract with "major" European turbine maker

Thu, 09th Sep 2021 11:52

Hardide PLC - Oxfordshire-based advanced surface coating technology developer - Lands GBP200,000 contract with unnamed "major" European manufacturer of steam and gas turbines. Order is for Hardide-A coating on gas turbine compressor blades, to be processed by year end and installed by early 2022.

"This is our first production order for power generation turbine blades and we are delighted to be working on this initial contract in a sector that we believe is ideally suited to our specialist coatings," says Chief Executive Philip Kirkham. "Hardide is looking forward to continuing work with this customer and others, including EDF Energy, and expects to receive further contracts for the coating of turbine compressor blades."

Current stock price: 31.90 pence, up 14% on Thursday

Year-to-date change: down 0.3%

By Josie O'Brien; josieobrien@alliancenews.com

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IN BRIEF: Hardide lands contract with "major" European turbine maker

London afternoon: Footsie back above 5600

Small caps round-up: Mears, BowLeven, Telecom Plus...

PRESS RELEASE: Heidelberg Concludes Negotiations on Planned Package of Cost-Cutting Measures

Hardide 1H Pretax Loss GBP67,000 Vs GBP54,000

Small caps round-up: Kalahari Minerals, Carpathian, Hardide...

Small caps round-up: MediaZest, Reneuron, Atlantic Coal...

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