REG - Hardide PLC - Significant New Order in North America

HardideAnnouncement

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RNS Number : 4103R  Hardide PLC  03 February 2026

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."

 

 For further information:
 Hardide plc                                                   Tel: +44 (0) 1869 353 830

 Matt Hamblin (CEO)

 Simon Hallam (Finance Director)

 Cavendish Capital Markets Ltd - Nominated Adviser and Broker

 Henrik Persson / Elysia Bough (Corporate Finance)             Tel: +44 (0) 2072 200 500

 Jasper Berry / Dale Bellis (Sales)

 

 

Notes to editors:

www.hardide.com (http://www.hardide.com/)

 

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.

 

 

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