Trading update24 Aug 2012 08:11
Hardide plc (AIM:HDD), the provider of unique metal surface engineering technology, gives the following trading update.
The Board is pleased to announce that further to the updates made in March and June, much of the momentum generated in the first half of the year has continued in the second half, though not at the same level. As such revenue for the year will be at least 45% higher than the previous year and the Group will exceed market expectations for the year ending 30 September 2012.
Hardide continues to add new customers and develop new applications for existing customers. Investment in business and market development also continues and the Group's pipeline across the key markets of oil & gas, flow control, aerospace and advanced engineering continues to advance.