Hardide has improved visibility over its current financial year after securing £2.4m of orders from a major North American energy sector customer. The order covers the customer’s expected requirements for the remainder of Hardide’s financial year to 30 September 2026 and is above the board’s previous expectations for the period.
In smaller industrial technology businesses, the timing and quality of order intake can be important indicators of operating momentum, particularly where customer demand, production capacity and cost control all need to align. This order appears to strengthen that alignment, with Hardide indicating that it can now deliver more output than previously anticipated.
Most of the work will be supplied from Hardide’s Martinsville facility in the United States. The customer is based in North America, and local delivery may support responsiveness and execution as the relationship develops. The company also expects these orders to be supplied alongside recently announced orders being fulfilled from its UK facility in Bicester, suggesting that both parts of the operating base are contributing to current activity.
Hardide has pointed to recent operational improvements as a key factor behind its ability to fulfil the existing order book more quickly. Improved throughput can have a direct bearing on revenue recognition, customer service and the company’s ability to respond to further demand.
The order also includes selling price surcharges intended to mitigate the impact of recent input cost inflation. For companies exposed to specialist materials, energy or process-related costs, protecting margins can be as significant as securing new revenue. Hardide has also been broadening its supply chain for process gas, with ongoing supplies secured at known costs to cover expected demand for the remainder of FY26 and into the first half of FY27.
Hardide plc (LON:HDD) is a pioneer in advanced tungsten/tungsten carbide CVD coatings. They showcase unmatched capabilities to greatly extend the life of complex geometry components facing extreme wear, erosion and corrosion.
