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Hardide Projects Strong Revenue Growth and Positive Outlook for 2025

Story Highlights
  • Hardide expects a 30% revenue increase in H1 2025, driven by aerospace and oil and gas sectors.
  • Strategic projects in the UK and USA aim to optimize production, with completion by Q3 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hardide Projects Strong Revenue Growth and Positive Outlook for 2025

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Hardide ( (GB:HDD) ) just unveiled an announcement.

Hardide plc, a leader in advanced surface coating technology, reports a promising financial outlook for the first half of 2025, with expected revenue growth of approximately 30% compared to the previous year. This growth is driven by developments in the aerospace sector and a recovery in the oil and gas industry. The company is focused on accelerating revenue growth and optimizing production capacity, with strategic projects in the UK and USA expected to complete by the third quarter. The Board remains confident in meeting full-year performance expectations under new management.

More about Hardide

Hardide develops, manufactures, and applies advanced tungsten carbide/tungsten metal matrix coatings to engineering components. Its patented technology offers toughness, abrasion, erosion, and corrosion resistance, enhancing component life and reducing operational costs. The company serves sectors like energy, valve and pump manufacturing, industrial gas turbines, precision engineering, and aerospace.

YTD Price Performance: 2.31%

Average Trading Volume: 114,956

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £4.65M

See more insights into HDD stock on TipRanks’ Stock Analysis page.

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