Hardide Plc (LON:HDD) CEO Phillip Kirkham talks to DirectorsTalk about its results for the six-month period ended 31 March 2018. Phil talks us through the highlights, his views on a continued strong oil and gas sector, how relationships with Airbus and Leonardo Helicopters are progressing, what the US facility in Virginia is adding to the group and what we can expect in terms of news-flow over the coming months.
Hardide Plc develops, manufactures and applies advanced technology tungsten-carbide 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. Customers include leading companies operating in oil and gas exploration and production, valve and pump manufacturing, precision engineering and aerospace industries.