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An announcement from Hardide ( (GB:HDD) ) is now available.
Hardide PLC reported a significant financial turnaround for the six months ending March 31, 2025, with a 32% increase in revenue and improved gross margins. The company became EBITDA profitable and cash generative, driven by strong demand in the aerospace sector and operational efficiencies. The completion of operational harmonization between its US and UK plants and the introduction of new service offerings are expected to enhance customer service and drive further growth. The company is also engaged in several innovative projects, including applications in carbon capture and green hydrogen production, positioning it well for future growth.
Spark’s Take on GB:HDD Stock
According to Spark, TipRanks’ AI Analyst, GB:HDD is a Neutral.
Hardide’s overall stock score reflects its financial challenges and valuation concerns, offset by positive technical indicators and recent corporate events. The company’s strategic direction and projected revenue growth are promising, but financial stability and management need improvement.
To see Spark’s full report on GB:HDD stock, click here.
More about Hardide
Hardide develops, manufactures, and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its technology is unique in combining toughness and resistance to abrasion, erosion, and corrosion, offering improvements in component life and operational efficiency. Customers include companies in the energy, valve and pump manufacturing, industrial gas turbine, precision engineering, and aerospace industries.
Average Trading Volume: 117,645
Technical Sentiment Signal: Sell
Current Market Cap: £5.32M
For detailed information about HDD stock, go to TipRanks’ Stock Analysis page.