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On 3 February 2026, Hardide plc announced it received an additional follow-on order worth $1.0 million from an existing North American customer. This order is expected for delivery in the second half of Hardide's financial year ending 30 September 2026.
| Date | 3 Feb 2026 |
| Time | 07:00:07 |
| Category | Corporate updates |
| ID | 4103R |
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
3 February 2026
Hardide plc
("Hardide", the "Group" or the "Company")
Significant new order in North America
Further to the Group's announcement on 1 December 2025, Hardide plc (AIM: HDD), the provider of advanced surface coating technology, is pleased to announce it has received an additional follow-on order worth $1.0 million from the same customer.
This order is expected for delivery in the second half of Hardide's financial year ending 30 September 2026 ("FY26"). Accordingly, the Company now anticipates financial performance for FY26 to be ahead of previous expectations.
During the course of FY26, the Group intends to begin a programme to upgrade infrastructure at its Martinsville plant to improve operational efficiency and support the Group in meeting the significant uplift in demand in the North American region. The investment is expected to be funded by proceeds of this new order and the Group's existing resources.
Matt Hamblin, Chief Executive commented:
"We are delighted to have secured this significant new sales order, which further evidences the strength of the relationship we are developing with our new North American customer. Discussions are ongoing as to how Hardide can support the customer's business development ambitions later this year and thereafter."
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For further information: |
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Hardide plc Matt Hamblin (CEO) Simon Hallam (Finance Director)
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Tel: +44 (0) 1869 353 830 |
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Cavendish Capital Markets Ltd - Nominated Adviser and Broker Henrik Persson / Elysia Bough (Corporate Finance) Jasper Berry / Dale Bellis (Sales) |
Tel: +44 (0) 2072 200 500 |
Notes to editors:
Hardide develops, manufactures and applies advanced technology tungsten carbide/tungsten metal matrix coatings to a wide range of engineering components. Its patented technology is unique in combining in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments. This results in cost savings through reduced downtime and increased operational efficiency as well as a reduced carbon footprint. Customers include leading companies operating in the energy sectors, valve and pump manufacturing, industrial gas turbine, precision engineering and aerospace industries.