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 gets funding for two aerospace projects

By Sean Farrell

Date: Wednesday 22 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Hardide Coatings has secured funding from the National Aerospace Technology Aerospace Programme for two projects to develop applications of its technology for aircraft components.


The first project is to develop a grinding and super-finish technology for the company's Hardide-A coating. It is supported by Airbus, Perfect Bore Manufacturing Ltd and Engis (UK) Ltd.

The second project seeks to develop an ultra-low temperature coating that will increase the range of aerospace substrate materials suitable for the Hardide coating process. Airbus and Leonardo Helicopters are end-users and Perfect Bore and Westmoreland Laboratories are support partners.

Hardide is the lead partner on both projects, which will start on 1 September and will each take up to 18 months to complete.

Philip Kirkham, Hardide's chief executive, said: "These grant awards were made after a rigorous application process and we will be working closely on the projects with our end-user customers. Both projects have the potential to expand significantly Hardide's aerospace business, widening the range of aircraft components and substrate materials suitable for our coating technology."

NATEP is a £14.4m programme to support 40 technology projects involving up to 100 companies, universities and research organisations. It is sponsored by Rolls-Royce, Airbus, Bombardier, GKN (now part of Melrose) and Leonardo.

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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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