The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Hardide Interim Trading Outperforms Both Halves Of 2017

Wed, 04th Apr 2018 11:47

LONDON (Alliance News) - Surface coating developer Hardide PLC said on Wednesday that for the first six months of its financial year, trading was ahead of the first and second halves of 2017.

Sales for the six months to the end of March were more than 40% higher compared to the same period the year before and 25% above the second half of 2017, due to increased demand from customers in the oil & gas sector, as well as sales to flow control and precision engineering customers being ahead of both periods in 2017.

In addition, Hardide's new surface reactor is currently being manufactured and is on scheduled to be installed in Virginia in Autumn.

The company expects its performance for the year to be in line with market expectations.

Hardide will publish its full-year results on May 14.

Shares in Hardide were up 4.9% at 1.60 pence on Wednesday.

Related Shares

More News
22 May 2024 12:07

Hardide expects return to growth as non-exec director moves to CEO

(Alliance News) - Hardide PLC shares jumped on Wednesday, as the company predicted a return to growth.

15 May 2024 16:03

UK earnings, trading statements calendar - next 7 days

26 Mar 2024 15:39

TRADING UPDATES: BATM Advanced ink USD2.3 million orders

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

25 Mar 2024 13:51

TRADING UPDATES: Peel Hunt's RetailBook raises GBP2.5 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

18 Mar 2024 16:10

UK shareholder meetings calendar - next 7 days

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.