NetComposites
Thermwood

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...

Solvay and Bell Sign Rotorcraft Supply Agreement

Solvay has signed a ten-year agreement for the supply of composites and adhesives to be used across Bell's military and commercial rotorcraft programmes, including the Bell 429, 407, 505, 525, V-22, and UH-1.

SGL Carbon Celebrates Opening of Fibre Placement Centre

SGL Carbon and Fraunhofer IGCV have officially opened the Fibre Placement Centre (FPC) at SGL's site in Meitingen, Germany. Compositence, BA Composites and the Chair for Carbon Composites at the Technical University of Munich have also joined the alliance, and Coriolis Group and Cevotec are planning to come on board as partners.

Fibrelite and Trenwa Partner on Trench Systems

Fibrelite reports that since the start of its partnership with Trenwa more than 100 precast trench systems integrating Fibrelite composite covers have been sold for use in electrical substations, wastewater treatment plants, chemical refineries and many other applications across North America.