17 Mar 2015 16:06
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Fri, 29th Mar 2019 15:57
(Sharecast News) - Industrial oil re-refining group outfit HydroDec saw revenues increase in 2018 despite sales of its premium quality transformer and base oils slipping as a result of feedstock constraints.HydroDec's revenues improved 11% year-on-year to $14.9m as its pricing and sales mix became more favourable.However, the AIM-listed firm warned that sales volumes of its Superfine transformer oil had fallen 10% to 23m in 2018 due to issues with its feedstock.Looking forward, HydroDec witnessed a slow start to the year as a result of cold weather and issues with Venezuelan oil, but did note that daily feed rates were now ahead of those seen in its recently wrapped up trading year.Chief executive David Dinwoodie said: "I am pleased to report that Hydrodec has begun to deliver on the milestones set out in our strategic review."As such, 2019 will prove to be an exciting year for the business as we build on the work undertaken following the review."As of 1630 GMT, HydroDec shares were untraded at 66p.
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17 Mar 2015 06:17
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29 Jul 2014 11:40
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18 Jun 2014 13:47
DIRECTOR DEALINGS: Hydrodec Non-Executive Increases Interest
LONDON (Alliance News) - Oil and gas refining company Hydrodec Group PLC Wednesday said Non-Executive Director Andrew Black was been added as a beneficiary to the 2011 Black Family Trust and, as a result, is now taken to be interested in the trust's existing holding of 3.8 million shares. B
Read more10 Jun 2014 15:52
HydroDec directors add 4.36m shares, stock value jumps
A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday. The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier. T
Read more10 Jun 2014 09:04
DIRECTOR DEALINGS: Hydrodec Directors Buy 4.4 Million Shares
LONDON (Alliance News) - Hydrodec PLC Tuesday said a group of executive and non-executive directors bought a total of 4.4 million shares at a price of 11 pence per share Monday.
Details are as follows.