Hardide (GB:HDD) has released an update.
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Hardide PLC anticipates reporting a revenue of £4.7 million for FY24, slightly down from £5.5 million in FY23, yet the second half of the year showed improved trading momentum. The company’s strategic focus on cost reduction and margin improvement, along with new opportunities in the aerospace sector, positions it for potential revenue growth in FY25. Despite challenges in its traditional oil and gas sectors, Hardide is optimistic about leveraging its unique technology to drive profitability.
For further insights into GB:HDD stock, check out TipRanks’ Stock Analysis page.
