RE: Buy buy buy19 Jul 2024 16:47
Production levels have doubled at Surface Transforms, the specialist brakes manufacturer based in Knowsley, it revealed today (July 19).
In a trading update for the six months to June 30, 2024, the company revealed that, over the past four weeks, to July 12, it has consistently been achieving record daily and weekly production levels that enable it to meet its requisite run rates on output to meet full year estimates.
As previously announced, the second quarter was impacted by supply chain difficulties in April and May, caused by working capital constraints. These problems were progressively resolved in full during June following the company’s recent fund raising