The group has announced that it has received an order from GE worth $0.77m over the course of the next year. The contract value is incremental to the management’s previous expectations and results in a small upgrade to our forecast for the current year and helps underpin existing expectations in 2018. This announcement follows hot on the heels of the recent Graco contract announcement and also the significant announcement that it has gained approved supplier status for Airbus.
31 May 2017
GE order improves forecast visibility
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GE order improves forecast visibility
Hardide plc (HDD:LON) | 5.8 0 0.0% | Mkt Cap: 4.51m
- Published:
31 May 2017 -
Author:
David Buxton -
Pages:
2
The group has announced that it has received an order from GE worth $0.77m over the course of the next year. The contract value is incremental to the management’s previous expectations and results in a small upgrade to our forecast for the current year and helps underpin existing expectations in 2018. This announcement follows hot on the heels of the recent Graco contract announcement and also the significant announcement that it has gained approved supplier status for Airbus.