Surface Transforms “will achieve profitability this year”

Surface Transforms, the Knowsley-based specialist brakes maker, reiterated its forecast that it will achieve profitability this year, in an update ahead of this morning’s annual general meeting.

The company makes brake discs for high performance cars and the aviation industry.

As part of a presentation, chief executive Kevin Johnson will reveal that, following communication from OEM (original equipment maker) 8 on an imminent start of production (SOP) delivery date and subsequent series delivery schedules, the company has now started series production.

Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.

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