Full-year results were in line with expectations, with a small reduction in revenue reflecting the weaker oil & gas revenues partly offset by growth in aerospace, flow control and precision engineering. The programme to expand capacity and relocate its UK operations was successfully completed on time and on budget and now offers significant capacity ahead of the anticipated orders from Airbus. With weaker oil & gas conditions continuing into H1, we adjust our forecasts, with a stronger H2 expect ....
07 Dec 2020
Hardide - Full-year results in line
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Hardide - Full-year results in line
Hardide plc (HDD:LON) | 5.8 0 0.0% | Mkt Cap: 4.51m
- Published:
07 Dec 2020 -
Author:
David Buxton -
Pages:
7
Full-year results were in line with expectations, with a small reduction in revenue reflecting the weaker oil & gas revenues partly offset by growth in aerospace, flow control and precision engineering. The programme to expand capacity and relocate its UK operations was successfully completed on time and on budget and now offers significant capacity ahead of the anticipated orders from Airbus. With weaker oil & gas conditions continuing into H1, we adjust our forecasts, with a stronger H2 expect ....