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Hardide sees trading in line with market expectations amid strong sales growth

By BFN News | 07:50 AM | Wednesday 04 April, 2018


Hardide said it expects trading performance for the full financial year to be in line with market expectations as sales were more than 40% higher compared to the first half of 2017 and almost 25% higher compared to the second half. The upbeat performance comes as demand increased from customers in the oil and gas sector, while sales to flow control and precision engineering customers were also ahead of both periods in the previous year. The final £0.82m of the fundraising was received in February following HMRC advance assurance of EIS eligibility. Story provided by StockMarketWire.com

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