Positive momentum continues
Hardide published its 1H18 trading update today, indicating a very encouraging start to the year with sales firmly ahead of both 1H17 and 2H17. The positive start to the year was driven by continued momentum from customers in the Oil & Gas sector, as well as higher sales from both flow control and precision engineering versus the previous year. Management expects results for the FY to be in line with market expectations and we retain our forecasts. The Group will publish 1H18 interim results on 14 May 2018.