With the business potentially at an important milestone, we thought we’d take a closer look at Surface Transforms future prospects.
Surface Transforms plc, together with its subsidiaries, researches, designs, develops, manufactures and sells carbon ceramic products for the brake market in the United Kingdom, Germany, Sweden, the rest of Europe, the United States and internationally.
On 31 December 2022, the UK£88m market-cap company reported a loss of UK£4.8m for its most recent financial year. With the path to profitability top of mind for Surface Transforms investors, we decided to gauge market sentiment. We’ve created a brief outline of industry analyst expectations for the company, its year to break even and its implied growth rate.
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.