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Hardide ( (GB:HDD) ) has provided an update.
Hardide plc has secured a 10-year supply agreement with a major aerospace customer for coating cargo door components. This agreement is expected to enhance Hardide’s revenue significantly, benefiting the current financial year by at least £0.5m and generating between £6m to £8m over the next decade, supporting the company’s growth forecasts.
More about Hardide
Hardide plc develops and applies advanced tungsten carbide coatings to engineering components, offering solutions that improve component life and efficiency, particularly in aggressive environments. The company serves industries including energy, aerospace, and precision engineering.
YTD Price Performance: -54.76%
Average Trading Volume: 115,227
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.73M
For detailed information about HDD stock, go to TipRanks’ Stock Analysis page.
