Surface Transforms – Liverpool-based manufacturer of carbon fibre-reinforced ceramic materials – says sales for the six months to June 30 are expected to be about £3.3 million, up 14% from £2.9 million a year before. Says within this total, the volume of manufactured discs during the period increase by more than 80%, reflecting the ‘improvements made in production during 2023; the remainder of the sales in both periods is pre-production development income’.
Surface says it will release a pre-close trading update for its half-year results in July, and its full half year results in September.
In April, the firm reported revenue of £5.1 million for 2022, and a pretax loss of £6.0 million.
Surface Transforms plc (LON:SCE) is a manufacturer of next-generation carbon-ceramic brake discs for automotive and aircraft applications and has been certified to IS9001-2000 since 2008 and was certified to TS16949 automotive quality accreditation and AS9100C aerospace quality accreditation in 2015.