SCE Surface Transforms PLC

Hardman & Co Q&A on Surface Transforms (SCE): Strategic moves and market potential

Hardman & Co Research
Hardman & Co Q&A on Surface Transforms (SCE): Strategic moves and market potential

03-Sep-2024 / 12:17 GMT/BST
The issuer is solely responsible for the content of this announcement.


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 Transforms plc, a company known for manufacturing carbon ceramic brake discs. The conversation covers the company's production challenges, its financial outlook, and the significant opportunities it faces in the automotive industry. Foster highlights the steps Surface Transforms is taking to overcome operational difficulties, expand its production capacity, and improve its financial performance. He also provides insights into the company's order book, market position and future expectations, making this a compelling discussion for those interested in the automotive manufacturing sector.

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Reports on Surface Transforms PLC

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Hardman & Co Q&A on Surface Transforms (SCE): Strategic moves and mark...

Hardman & Co Research Hardman & Co Q&A on Surface Transforms (SCE): Strategic moves and market potential 03-Sep-2024 / 12:17 GMT/BST The issuer is solely responsible for the content of this announcement. 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 Transforms plc, a company known for manufactu...

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Surface Transforms (SCE): Pre-close trading, AGM and prospects

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 early as hoped. We maintain our 2024E sales, but we have reduced several forward profit estimates. This means that we now estimate a £2m gross cash outflow for 2H24, with a stable 2025, and rising 2H25 and thereafter. Significantly, from here, there are now duplicated p...

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