Hardide (HDD)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 5.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 15.50
  • 52 Week Low: 4.85
  • Currency: UK Pounds
  • Shares Issued: 78.46m
  • Volume: 0
  • Market Cap: £4.51m
  • RiskGrade: 249

Hardide trades 'strongly' in H1, sales seen higher YOY

By Iain Gilbert

Date: Friday 11 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Chemicals company Hardide told investors at its annual general meeting on Friday that the first half of its trading had started "strongly", with sales expected to be over 40% higher than the same period last year.
Hardide stated oil and gas demand was growing and that its customers predict this to increase further in the second half.

The AIM-listed firm also said it was "particularly pleased" with developments in the power generation sector, with the first production set of gas turbine blades coated and delivered to Ansaldo Energia. The second set of turbine blades were due to be received later in the month and further sets of blades were also set to be delivered throughout the year.

Also in the period, first orders were received for coating Airbus A320 components, with regular demand for these due to commence in the second half. Orders for coating Airbus A330 wing components were also due to commence in H2.

Hardide's new larger reactor at its UK site was expected to continue to operate at high capacity as it carries on coating production sets of turbine blades for Ansaldo Energia.

"The board believes that there is significant potential for further business from the gas and steam turbine sector as the transition to net-zero carbon emissions gains pace," said Hardide.

"The board is optimistic that the increasing demand from existing customers and the high-volume potential of a number of projects will result in the group achieving its previous upward sales trajectory."

As of 0800 GMT, Hardide shares were untraded at 30.95p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hardide Market Data

Currency UK Pounds
Share Price 5.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 15.50
52 Week Low 4.85
Volume 0
Shares Issued 78.46m
Market Cap £4.51m
RiskGrade 249

Hardide Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.67% above the market average16.67% above the market average16.67% above the market average16.67% above the market average16.67% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
85.37% below the market average85.37% below the market average85.37% below the market average85.37% below the market average85.37% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income Not Available
Growth
2.62% below the market average2.62% below the market average2.62% below the market average2.62% below the market average2.62% below the market average
Sector averageSector averageSector averageSector averageSector average

Hardide Dividends

No dividends found

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Hardide Key Personnel

Finance Director Simon Hallam

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