FY24 results were in line with expectations, while revenue declined modestly YoY, there was a significantly stronger 2H as some customers recovered, also gaining from new revenue streams. Management has a much clearer focus on near-term growth opportunities, which are starting to pay off, while pricing initiatives and right sizing the business is also having a positive effect. The difference between 1H and 2H performance is stark. 2H delivered revenue growth a stronger gross margin and a positiv ....

29 Jan 2025
Hardide - FY results – stronger 2H24 points to FY25 EBITDA profit

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Hardide - FY results – stronger 2H24 points to FY25 EBITDA profit
Hardide plc (HDD:LON) | 7.8 0 0.0% | Mkt Cap: 6.11m
- Published:
29 Jan 2025 -
Author:
David Buxton -
Pages:
12 -
FY24 results were in line with expectations, while revenue declined modestly YoY, there was a significantly stronger 2H as some customers recovered, also gaining from new revenue streams. Management has a much clearer focus on near-term growth opportunities, which are starting to pay off, while pricing initiatives and right sizing the business is also having a positive effect. The difference between 1H and 2H performance is stark. 2H delivered revenue growth a stronger gross margin and a positiv ....