Surface Transforms has had a highly successful few quarters, securing large new OEM customer contracts, implementing a major expansion of factory capacity and a new manufacturing strategy to support volume production. 2021a results were in-line with our forecasts. Last month, Surface Transforms announced a revised c.£100m contract with customer OEM 8, replacing a previous contract worth £27.5m. A £45m award was also announced in December with OEM 6; the total multi-year order book now stands at ....
04 Apr 2022
Surface Transforms (SCE LN) - Healthy progress with the ramp-up
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Surface Transforms (SCE LN) - Healthy progress with the ramp-up
Surface Transforms PLC (SCE:LON) | 3.1 0 (-10.1%) | Mkt Cap: 10.9m
- Published:
04 Apr 2022 -
Author:
Robin Byde -
Pages:
12
Surface Transforms has had a highly successful few quarters, securing large new OEM customer contracts, implementing a major expansion of factory capacity and a new manufacturing strategy to support volume production. 2021a results were in-line with our forecasts. Last month, Surface Transforms announced a revised c.£100m contract with customer OEM 8, replacing a previous contract worth £27.5m. A £45m award was also announced in December with OEM 6; the total multi-year order book now stands at ....