REG - Hardide PLC - Further significant North American order intake

HardideAnnouncement

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RNS Number : 4331U  Hardide PLC  26 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.

 

 

26 February 2026

 

Hardide plc

("Hardide", the "Group" or the "Company")

 

Further significant North American order intake

 

Hardide (AIM: HDD), the provider of advanced surface treatment technology, is
pleased to confirm it has secured a further £1.8m of new orders from the
major North American energy sector customer referred to in the announcements
of 1 December 2025 and 3 February 2026, which will be delivered mostly over
the course of the current financial year.

These orders lead the Board to expect a further material improvement in
revenues and performance for the current financial year to 30 September 2026
as against previous expectations.

Hardide is in discussions with this customer regarding establishing a
framework arrangement and schedule for the future that will support the
customer's own business development ambitions and supply requirements.

Matt Hamblin, CEO of Hardide commented:

"We are delighted to receive these additional new orders. This should enable
Hardide to achieve its first strategic milestone of at least doubling
financial year 2024 revenues, ahead of target, during the current financial
year and enable us to leverage the benefits of much higher capacity
utilisation".

 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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