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Oh ok i didnt know that, ok the presentations should be online soon so we can see ourselves then. but all this macro agenda about hydrogen and climate, one would have hope getech be at 50p but we ainT! cry into my cereal bowl.
During the year, orders with a potential aggregate annualised revenue value of approximately £1.2m were secured in the construction, cast iron radiator and commercial vehicle markets.
In June 2023, the company also secured a major new contract worth approximately £7.3 million of revenue over an eight-year term with a leading European automotive industry components supplier.
In November 2023, CHC received a letter of intent and tooling orders from an existing customer in relation to two 10-year serial production programs for products in the heavy plant sector. These programs will ramp up through the early part of 2025 and are expected to contribute approximately £7.1 million of revenue over their lifetime.
RDC has signed a two-year exclusivity agreement for an established company in the renewables sector, with the potential to generate up to £1m of revenue per annum.
During 2023, Petrel has invested in two new machines that will enhance productive capacity and deliver cost-saving efficiencies. In the first half of the current financial year, Petrel has introduced upgrades to its product range, including a self-test emergency option for the popular 7 series. With expectations of double-digit revenue growth again in 2024 at operating margins that have consistently been around 16% for the last 2 years, the Board believes that Petrel is well placed to contribute a materially enhanced operating profit in 2024.
What this?
t. The Board continues to review the various options available to support the Group's working capital requirements as we continue to deal with repaying legacy debt and providing adequate funding for three growing businesses.
2 months ago
RDC have an extremely strong order book but to maintain our competitive lead times and high quality customer service we require new blood into the foundry side of our business.
Moulders
Furnacemen
Rammers
Fettlers
If you would like to join our market leading business and team drop me a line and we will make contact with you.
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