The group has posted an encouraging year-end update, with recovery slightly slower than expected but now coming through. It has seen a strong pick up in order intake in recent months, (up 52% on H1) and now expects H2 revenue to be similar to H1, with an EBITDA loss in line with expectations due to cost discipline. There has been a promising recovery in demand across all its key markets, which bodes well for FY22. The group continues its strategy of diversification, and we anticipate the next ye ....
07 Oct 2021
Hardide - Year-end trading update – strong increase in order intake
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Hardide - Year-end trading update – strong increase in order intake
Hardide plc (HDD:LON) | 5.6 0 0.0% | Mkt Cap: 4.41m
- Published:
07 Oct 2021 -
Author:
David Buxton -
Pages:
5
The group has posted an encouraging year-end update, with recovery slightly slower than expected but now coming through. It has seen a strong pick up in order intake in recent months, (up 52% on H1) and now expects H2 revenue to be similar to H1, with an EBITDA loss in line with expectations due to cost discipline. There has been a promising recovery in demand across all its key markets, which bodes well for FY22. The group continues its strategy of diversification, and we anticipate the next ye ....