9 April 2024 - trading update
The AIM-listed manufacturer of carbon-ceramic brake discs has issued a trading statement covering the three months to 31 March being the first quarter of the current financial year. This has revealed that revenues were £3.0m for the period, the same level as Q4 of 2023. The company has seen rapid growth in revenues over the previous four quarters and so it is a touch disappointing that the growth in revenues has stalled. The figure is lower than the company had been expecting although it is interesting that revenues in March alone were . . .
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