Hardide (HDD)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 4.35p
   
  • Change Today:
      0.000p
  • 52 Week High: 11.00p
  • 52 Week Low: 4.22p
  • Currency: UK Pounds
  • Shares Issued: 78.46m
  • Volume: 37,500
  • Market Cap: £3.41m
  • RiskGrade: 249
  • Beta: 0.21

Hardide brings in Mark Hanania as oil, gas and energy market takes off

By Josh White

Date: Monday 09 Jul 2018

LONDON (ShareCast) - (Sharecast News) - Advanced surface coating technology provider Hardide has appointed Mark Hanania as its business development engineer based in Houston, to help drive growth in the oil, gas and energy sectors throughout North America.
The AIM-traded firm said strong growth in demand from oil and gas customers in North America and its recent entry into the aerospace market was underpinning "significant" investment in coating technology and quality accreditation at the company's US coating facility in Martinsville, Virginia.

It said a third coating reactor would be installed by the fourth quarter of 2018 to accommodate increased demand from major oil and gas operating and service companies.

The Martinsville facility was on-track to receive accreditation to aerospace quality management standard AS9100 during summer 2018.

Hardide's board said Hanania was joining from 3M Canada, where he was responsible for "driving innovation" into the Alberta/British Columbia oil and gas markets.

He was bringing 20 years of engineering and business development experience, previously spending more than 13 years with Hilti Canada where he held several engineering roles.

It said Hanania has a B.Sc. in mechanical engineering from the University of Calgary.

"We are seeing a strong rise in demand from oil and gas customers in North America and Mark's appointment will enable existing North America VP business development, Dan Wilson, to concentrate on other high-tech markets including aerospace, where we believe there are significant opportunities throughout the region," said Hardide chief executive officer Philip Kirkham.

"We are expanding our capacity in the USA with investment in people, equipment and technology supported by the highest, aerospace quality standards."

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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 4.35p
Change Today 0.000p
% Change 0.00 %
52 Week High 11.00p
52 Week Low 4.22p
Volume 37,500
Shares Issued 78.46m
Market Cap £3.41m
Beta 0.21
RiskGrade 249

Hardide Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.00% above the market average41.00% above the market average41.00% above the market average41.00% above the market average41.00% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Price Trend
83.86% below the market average83.86% below the market average83.86% below the market average83.86% below the market average83.86% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income Not Available
Growth
5.93% above the market average5.93% above the market average5.93% above the market average5.93% above the market average5.93% above the market average
28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average28.57% above the sector average

Hardide Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
15:02 37,500 @ 4.22p

Hardide Key Personnel

Finance Director Simon Hallam
CEO Matthew Hamblin

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