Hardide plc (LON:HDD), the developer and provider of advanced surface coating technology, will announce its results for the six-month period ended 31 March 2024 on Wednesday 22 May 2024.
Hardide to publish results for the six-month period on 22nd May 2024
- Written by: Amilia Stone
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Hardide expects FY26 EBITDA of £5.8m and profit before tax of £4.9m, both ahead of market expectations. New aerospace and industrial contracts, continued order growth and planned capacity expansion support further growth in FY27.
Hardide's tungsten carbide-based coatings are designed to reduce erosion in oil and gas frac sleeves, helping protect critical surfaces, maintain sealing performance and extend component service life.
Erosion can alter the critical surfaces of oil and gas frac sleeves, affecting sealing, stage isolation and operation. Hardide's coating technology is designed to protect these surfaces from abrasive fluids and extend component service life.
Hardide plc (AIM: HDD) has appointed Dr Yuri Zhuk as Chief Technology Officer, with responsibility for product development, intellectual property and operational excellence. He has stepped down from the Board to focus on supporting the Group’s growth.
Hardide says longer-lasting semiconductor manufacturing hardware can reduce component replacement, maintenance and material consumption, making equipment durability another factor in efforts to improve manufacturing sustainability.
Hardide is targeting semiconductor equipment applications where wear, erosion and chemical attack can shorten the life of precision-machined components.
