Liverpool’s supercar brake maker rebounds with 63% revenue growth and £390M order book, eyeing further profit and production boosts.
After enduring “very difficult 18 months,” Surface Transforms (ST) roared back in 2023, reporting a 63% surge in annual revenues to £8.3 million. The Knowsley-based carbon fiber brake disc manufacturer, favored by high-performance brands like Porsche and Ferrari, finally overcame production roadblocks that hampered its 2022 performance.
The turnaround is evident across the board. ST’s Q4 sales hit £3 million, a significant jump from the previous three quarters, and the company confidently maintains its £23 million revenue forecast for 2024. This optimism stems from a robust £390 million forward order book and CEO Kevin Johnson’s anticipation of securing additional contracts this year.
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.
