Hardide gains Airbus global supplier status approval
finnCap said today in its note: “The company has announced that Airbus has given its approval for the Hardide-A coating process to be used by its component suppliers as a replacement to hard chrome plating. This is a crucial and highly significant breakthrough for Hardide, which the group has working hard towards over several years. While there is no immediate impact on trading revenues, we see this as highly significant as a precursor to developing significant aerospace revenues. We believe this will have a marked effect on the shares and investor sentiment.”