Surface Transforms reports revenues up in H1

Surface Transforms (AIM:SCE), manufacturer of carbon fiber-reinforced ceramic brake disc materials, reported a sales increase of 14% for the first half (H1) of 2023 when compared to the same period in 2022.

As reported at the Company’s recent AGM (annual general meeting), sales for the six months to June 30, 2023, grew to £3.3m (H1 2022: £2.9m) representing an overall increase of 14%. Within this total, the volume of manufactured discs during the period increased by more than 80%, reflecting the improvements made in production during 2023; the remainder of the sales in both periods was pre-production development income.

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.

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