Surface Transforms, the Knowsley-based ceramic brake manufacturer, reported better sales for the half year to November 30, 2019, and an improvement on its losses and said its predictions on eventual profits remain.
The firm, which makes brakes for aircraft and high performance cars, has changed its year-end date to December 31.
It said revenues increased 183% to £1.451m, compared with £512,000 in the seven months to December 31, 2018, while losses before and after tax narrowed, from £1.509m in 2018, to £1.302m.
Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.
