Uk Analyst28 May 2014 23:39
Hardide (HDD) is down in year-on-year sales in the six months to 31st March due to the influence of a single large customer in 2013, but turnover was 20% higher than in the previous 6 months. However, the surface coating engineering firm's operating loss increased to 0.19 million pounds from 0.05 million over the period. Management believes that sales are now returning to typical levels, with the group recently securing a 750,000 pounds contract with Airbus.. The shares fell by 0.23p to 2.1p.Â