Brief: Hardide Expects To Report H1 Revenues Of About 2 Mln Stg

Hardide

25/03/2024 07:42

March 25 (Reuters) - Hardide PLC  HDD.L :
    * HARDIDE PLC - EXPECTS TO REPORT REVENUES FOR FIRST HALF OF
FINANCIAL YEAR OF CIRCA £2M
    * HARDIDE PLC - SLOWER THAN EXPECTED START TO FINANCIAL
YEAR, AS
CERTAIN CUSTOMERS REDUCED THEIR INVENTORY HOLDINGS
    * HARDIDE PLC - ANTICIPATE A STRONGER SECOND HALF AS ORDER
PATTERNS FROM MAJOR OEM CUSTOMERS NORMALISE
    * HARDIDE PLC - ACTION TO FURTHER REDUCE COSTS & IMPROVE
REVENUES,
MARGINS IN ORDER TO UNDERPIN EXPECTATIONS FOR EBITDA POSITIVE
PERFORMANCE FOR FY24

Source text for Eikon:  ID:nRSY0259Ia 
Further company coverage:  HDD.L 

 ((Reuters.Briefs@thomsonreuters.com;))