City round-up: Surface Transforms

Brake specialist Surface Transforms has reported a 34% uplift in revenues for the half year to 30 June 2021.

Turnover for this period stood at £1.2m, up from £900,000 for the same period in the prior year, exceeding managements’ original expectation that sales in the period would be broadly unchanged from the run rate achieved in H1-2020.

The Knowsley-based company, which makes brakes for high performance cars and aircraft, said it expects revenues to further increase in the final quarter of 2021, following start of production on the multi-year OEM contracts already awarded to Surface Transforms.

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.

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Surface Transforms Plc

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