Brief: Surface Transforms Reaffirms 2024 Rev Forecast

Surface Transforms

08/01/2024 07:19

Jan 8 (Reuters) - Surface Transforms PLC  SCEU.L :
    * SURFACE TRANSFORMS PLC - REVENUE FOR FY23 GREW 63% TO
£8.3M
    * SURFACE TRANSFORMS PLC - CAPITAL EXPENDITURE IN 2023 WAS,
AS
FORECAST, APPROXIMATELY £9M
    * SURFACE TRANSFORMS PLC - MAINTAINING ITS REVENUE GUIDANCE
FOR
2024 AT £23M
    * SURFACE TRANSFORMS PLC - OUTLOOK FOR 2024 TO 2027
CONTINUES TO
REMAIN VERY POSITIVE REFLECTING CONTRACTS IN SERIES PRODUCTION
    * SURFACE TRANSFORMS - CONTINUES TO EXPECT TO COMPLETE
INSTALLATION OF £50M P.A. SALES CAPACITY BY MID-YEAR 2024 & £75M
P.A. SALES CAPACITY BY END OF 2025

Source text for Eikon:  ID:nRSH8688Ya 
Further company coverage:  SCEU.L 

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