Forecasts have been upgraded following the interims from Hardide (LON:HDD), but the AIM-quoted advanced surface coatings provider is still some way from making a profit. The outcome for this year will depend on the timing of orders and new contract wins.
The share price dipped 0.5p to 30p on the release of the interim results.
Interim revenues were 50% ahead at £2.7m and while the loss was nearly halved it was still £771,000. Revenues could double in the year to September 2022, but so could the loss.
Overheads have fallen following the completion of the move to a new factory in the U...
