NetComposites
Attwater

Surface Transforms in Share Price Warning

28 February 2005

Dunlop Aerospace income for UK carbon fibre reinforced ceramic material developer expected to fall.

Shares in Surface Transforms were out of favour after the maker of carbon fibre reinforced ceramic materials warned that second-half revenues are expected to decline because of the loss of income from the Dunlop partnership.

First-half sales increased but pretax losses widened to rise to 180,277 (GBP) on lower research and development tax credits and grants.

The company said it is developing new business revenue streams in the automotive and aircraft brake markets, and is maintaining its increased investment in operating and development activities.

The contract with Dunlop Aerospace was heralded as the most significant contract for Surface Transforms when news surfaced last May.






Related / You might like...

Composite Advantage Introduces Standard Line of FRP Trail Bridges

Short-lived bridge products that require constant care and regular replacement have prompted parks and recreation agencies to look for longer lasting alternatives.

Fibermaq Consolidates Filament Winding Portfolio

During 2017 Brazilian company Fibermaq consolidated its filament winding portfolio.

Revolution Fibres Gains Aerospace Certification, Triples Production Capacity

New Zealand company Revolution Fibres is tripling nanofibre production to meet increased international demand from a range of industries, from cosmetics manufacturers through to Formula One teams.