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Surface Transforms PLC - 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. Current stock price: 29.32 pence each, down 6.9% on Tuesday afternoon in London 12-month change: down 33% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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