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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.