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Hardide (HDD): Profit upgrade

This situation live

HDD Hardide

£94m · 119.5p · +647% since the first step
119.5p 16.0p Now 119.5p · 23 Oct +59% +2% +24% +45% +8% +7% Jan ’26FebMarAprMayJunJulAugSepOct
27 May 2026 · guidance raised · +18% on the day · +72% until the next step This will have the effect of materially improving revenue and overall financial performance expectations for FY26.
Upgrade / downgrade cycle
Profit upgrade
ahead of expectations · fourth in 12 months
Directionahead of expectations / raised
Reaction on the day+7%
In 12 months7 statements in the same direction
Company's wordsRevenues for the year more than doubled to £13.5m, EBITDA is expected to be £5.8m and profit before tax £4.9m, both ahead of market expectations. ↗

As of 21 Oct 2026 ↗

Since Oct 2023: 1145 situations of this kind; median share price +0% six months after they opened

Every step · 7
  1. 3 Feb 2026 guidance raised · +29% on the day – This order is expected for delivery in the second half of Hardide's financial year ending 30 September 2026, with the Company now anticipating financial... ↗
  2. 26 Feb 2026 guidance raised · +38% on the day – We are delighted to receive these additional new orders. This should enable Hardide to achieve its first strategic milestone of at least doubling financial... ↗
  3. 24 Mar 2026 guidance raised · +5% on the day – We are pleased to report that we expect revenues for the first half year ending 31 March 2026 to be approximately £4.5m, representing an increase of over... ↗
  4. 21 May 2026 guidance raised · +8% on the day – Record first half performance, delivering strong revenue growth, significant margin expansion and a material improvement in profitability. ↗
  5. 27 May 2026 guidance raised · +18% on the day – This will have the effect of materially improving revenue and overall financial performance expectations for FY26. ↗
  6. 22 Jul 2026 guidance raised · +38% on the day – The momentum and trajectory of the business mean that the Board now expects to achieve its first objective to double its revenues in the current financial year. ↗
  7. 21 Oct 2026 ahead of expectations · fourth in 12 months – Revenues for the year more than doubled to £13.5m, EBITDA is expected to be £5.8m and profit before tax £4.9m, both ahead of market expectations. ↗

What is happening

Hardide: Profit upgrade – ahead of expectations · fourth in 12 months. ['ahead of expectations · fourth in 12 months']

In short
Hardide said it is trading ahead of expectations on 21 Oct 2026; the shares moved +7% on the day. It is the fourth such statement in 12 months.
Announced
3 Feb 2026 · guidance raised · +29% on the day
Latest
21 Oct 2026 · ahead of expectations · +7% on the day
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Also at Hardide 2 open
Segment turnMedium-term revenue doubling target – FY26 revenue doubled; FY27 growth targeted Project milestonesThree new coating reactors – Deposit paid; on stream in H2 FY27 Capital returnReturn of capital – paid · closed Hardide – company page →

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