We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHardide Regulatory News (HDD)

Share Price Information for Hardide (HDD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.70
Bid: 6.40
Ask: 7.00
Change: 0.00 (0.00%)
Spread: 0.60 (9.375%)
Open: 6.70
High: 6.70
Low: 6.70
Prev. Close: 6.70
HDD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Airbus Global Approved Supplier Status Gained

29 Mar 2017 07:00

RNS Number : 7979A
Hardide PLC
29 March 2017
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014

 

Press Release

29 March 2017

 

Hardide plc

("Hardide" or "the Group" or "the Company")

 

AIRBUS GLOBAL APPROVED SUPPLIER STATUS GAINED

 

 

Hardide plc (AIM: HDD), the provider of surface coating technology, is pleased to announce that it has now completed the Airbus Industrial Qualification process and has gained Approved Supplier status from the Airbus Group for the coating of flying components.

 

This final part of the approval process follows technical qualification of the Hardide-A coating by Airbus as an alternative to hard chrome plating, which was announced in December 2015. Over the past year Hardide has been working very closely with Airbus engineers to ensure that the Hardide process meets Airbus's stringent process specifications. Airbus has now granted industrial approval of the complex coating process and Hardide is on the global Airbus Approved Supplier list.

 

Airbus and its component suppliers are now able to place production orders on Hardide to coat aircraft components and the Company is already in commercial discussions with several Airbus sites about the coating of specific components. Nonetheless the Board does not expect there to be any material change to the revenue forecasts for this financial year.

 

Separately, Hardide continues to make good progress towards gaining the aerospace industry's Nadcap accreditation.

 

Welcoming this final stage in the Airbus approval process, Philip Kirkham, CEO of Hardide plc said: "Extensive work has been carried out over the past year with Airbus to prove compliance with their stringent processing and control standards required to coat flying parts. This final approval is the culmination of many years of hard work and a tremendous achievement for the Hardide team. We now look forward to working with Airbus and its partners to realise our ambition to coat production parts.

"Aerospace is a cornerstone of Hardide's growth strategy and today's announcement enables us to move significantly along that path."

For further information:

 

Hardide plc

 

 

Philip Kirkham, CEO

Jackie Robinson, Communications Manager

Tel: +44 (0) 1869 353 830

 

 

finnCap

Stuart Andrews /Henrik Persson/James Thomson

 

 

Tel: +44 (0)20 7220 0500

 

 Notes to editors:

 www.hardide.com

Hardide develops, manufactures and applies advanced technology tungsten-carbide coatings to a wide range of engineering components. Its patented technology is unique in combining, in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency. Hardide-A is a variant of the Company's tungsten/tungsten carbide coating range developed specifically for the aerospace industry to replace hard chrome plating. Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, nuclear, precision engineering and aerospace industries.  

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBUGDXIGDBGRI
Date   Source Headline
23rd Jan 20144:27 pmRNSChange of Adviser
4th Dec 20137:00 amRNSHardide aims high for prestigious Nadcap approval
25th Nov 20137:00 amRNSPreliminary results
9th Jul 20132:29 pmRNSDirector/PDMR Shareholding
1st Jul 20137:00 amRNSAgustaWestland Replacement Test Success
18th Jun 20137:00 amRNSInterim Results
29th Apr 20137:00 amRNSRe Agreement
24th Apr 20137:00 amRNSTrading Update
8th Apr 20133:10 pmRNSDirectorate Change
2nd Apr 20131:31 pmRNSTotal Voting Rights
1st Mar 20137:00 amRNSTotal Voting Rights
27th Feb 201312:24 pmRNSExercise of Options
19th Feb 20134:40 pmRNSResult of AGM
8th Feb 20133:32 pmRNSExercise of Options
31st Jan 20137:00 amRNSTotal Voting Rights
29th Jan 20137:00 amRNSAward of Grant from the Technology Strategy Board
24th Jan 201311:25 amRNSHolding(s) in Company
16th Jan 201312:10 pmRNSConversion of Loan Note
2nd Jan 20132:10 pmRNSTotal Voting Rights
17th Dec 20124:10 pmRNSExercise of Options
10th Dec 20127:00 amRNSPreliminary Results
29th Oct 20127:00 amRNSChange of name of Nominated Adviser and Broker
8th Oct 20127:00 amRNSGrant of Options
3rd Oct 20127:00 amRNSOil and Gas Sales Growth Fuels Hardide Appointment
20th Sep 20124:53 pmRNSGrant of Options
24th Aug 20127:00 amRNSTrading Update
19th Jul 20127:00 amRNSAppointment of CEO
19th Jun 20127:00 amRNSDirectorate Change
11th Jun 20127:00 amRNSHalf Yearly Report
30th Mar 201212:38 pmRNSPosting of Annual Report and Accounts
5th Mar 20127:00 amRNSTrading Update
15th Feb 20127:00 amRNSChange of Adviser
10th Feb 20129:57 amRNSResult of AGM
11th Jan 201212:41 pmRNSREPLACEMENT - Preliminary Results
20th Dec 201112:20 pmRNSDirector/PDMR Shareholding
12th Dec 20117:00 amRNSPreliminary Results
28th Nov 201110:24 amRNSHolding(s) in Company
21st Nov 20117:00 amRNSEquity Fundraising of £750,000
30th Sep 20117:00 amRNSPre-Close Update
19th Sep 20119:45 amRNSChange of Broker
15th Aug 20117:00 amRNSDirectorate Change
21st Jun 20117:00 amRNSHalf Yearly Report
5th May 20117:00 amRNSExclusivity Agreement signed
7th Feb 201112:32 pmRNSResult of AGM
26th Jan 20113:50 pmRNSHolding(s) in Company
6th Dec 20107:00 amRNSRetirement of NED and appointment of new NED
6th Dec 20107:00 amRNSPreliminary Results
1st Oct 20107:00 amRNSPre-close update for the year ending 30 Sept 2010
30th Jun 20107:00 amRNSHalf Yearly Report
9th Feb 201011:32 amRNSResult of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

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.