Hardman & Co Research on Surface Transforms (SCE): Estimates suspended   Interim results released on 30 September showed revenue up 58%. The loss before tax widened to £7.6m from £5.6m 1H23. Operationally, the volume ramp-up is continuing but at a rate below target, with yields improving (but also below target), and ongoing downstream process [ … ]

Hardman & Co analyst interview | Automotive components Q&A on Surface Transforms (SCE) | Strategic moves and market potential Surface Transforms plc (SCE) is the topic of conversation when Hardman & Co analyst Mike Foster speaks to DirectorsTalk Interviews. In this interview, Mike Foster discusses the recent developments at Surface T [ … ]

Hardman & Co Research on Surface Transforms (SCE): Pre-close trading, AGM and prospects   Surface Transforms (SCE) is delivering its £390m order book but still faces headwinds. It is knocking down the obstacles, giving detailed explanation of progress, and, indeed, output has been consistently good since late June. Clearly, this is not as ea [ … ]

Hardman Talks Video | Surface Transforms (SCE) Surface Transforms placing On Thursday 9 May 2024, the management of Surface Transforms joined us on Hardman Talks to talk about the plans to raise money by a placing and the intended use of the proceeds. On the call were David Bundred, Chairman, Kevin Johnson, CEO, Isabelle Maddock, CFO, and Stephen [ … ]

Hardman & Co Research on Surface Transforms (SCE): Open Offer Surface Transforms (SCE) has announced the raising of £6.5m new equity and is launching an Open Offer to shareholders. It is raising capacity and quarterly revenue but has needed to address the two sets of production constraints it faced: scrappage and process-line pinch points. Pi [ … ]