Investegate | Company Announcement
Investegate announcements from Proposed equity fundraising
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Investegate announcements from Proposed equity fundraising
Hardide plc announces its preliminary annual results for FY23, with a 10% increase in revenue and improvements in EBITDA and cash flow performance. The company is seeking funding to support its growth strategy and has appointed a new interim CEO.
Hardide plc has announced the appointment of Steve Paul as Interim CEO, succeeding Phil Kirkham. Steve brings extensive experience in the surface treatment industry and will help drive the company's revenue growth strategy.
Surface coating specialist Hardide reported a 10% improvement in revenue in its preliminary results on Thursday, to a record £5.5m, driven by robust demand in the oil and gas sector, expanded aerospace work in the fourth quarter, and successful cost inflation recovery through selling prices.
Thermal Barrier Coatings Industry size is expected to register 4.5% CAGR between 2024 and 2032 propelled by the increasing demand in aerospace industry. ...