Surface Transforms plc Change to date of accounting year end

Surface Transforms plc (LON:SCE) announced today its intention to change the Company’s financial year end reporting date from 31 May to 31 December.

This will be achieved by firstly reporting the audited results of the Company for the financial year ended 31 May 2019 in the normal manner, expected in early September 2019. The Company will then report:

  • Unaudited interim results for the six months ending 30 November 2019 by 28 February 2020
  • audited results for the seven months ending 31 December 2019 by 30 June 2020
  • Unaudited interim results for the six months ending 30 June 2020 by 30 September 2020
  • Audited results for the twelve months ending 31 December 2020 by 30 June 2021

David Bundred, Surface Transforms Chairman commented:

“This change brings the Company’s reporting periods in line with both its new and target OEM customers and also avoids having a year end in the middle of the automotive racing season. In addition, we believe that it will simplify messaging to the investment community.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Surface Transforms Plc

More articles like this

Surface Transforms plc

Brake disc maker upbeat despite cost pressures

Carbon fibre brake disc manufacturer Surface Transforms (ST) says it remains optimistic that annual sales will almost triple to £23m in 2024 despite further cost pressures. Knowsley-based ST, which is listed on the Alternative Investment Market, issued

Surface Transforms plc

Ceramic vs. Iron Rotors: Performance, cost, and durability factors

Surface Transforms plc (LON:SCE) is a manufacturer of next-generation carbon-ceramic brake discs for automotive and aircraft applications and has been certified to IS9001-2000 since 2008 and was certified to TS16949 automotive quality accreditation and AS9100C aerospace quality

Surface Transforms plc

Onboard lap in 992 GT3RS with Surface Transforms carbon ceramic brakes

Surface Transforms plc (LON:SCE) is a manufacturer of next-generation carbon-ceramic brake discs for automotive and aircraft applications and has been certified to IS9001-2000 since 2008 and was certified to TS16949 automotive quality accreditation and AS9100C aerospace quality

Surface Transforms plc

How to clean Carbon Ceramic Brakes

Tailored for high performance cars, carbon ceramic brakes are more fragile to chemicals. Here’s how you clean them, avoiding potential damage. For the bulk of advice and a step-by-step process, we arranged a visit to the

Surface Transforms plc

Carbon and ceramics in braking systems:

Using carbon and ceramics in braking systems offers significant advantages over other materials, but the processes involved in their manufacture are considerably lengthy and more expensive – why are they so expensive and is it worth the cost?

Surface Transforms plc

Carbon Ceramic Brakes for high performance vehicles

Carbon ceramic brakes also called ceramic composite brakes is a version of the fixed caliper disc brake and is used on supercars and high performance vehicles. The difference or improvement in the carbon ceramic brakes can be credited to the

Surface Transforms plc

Ceramic vs. Steel Brakes: A deep dive into composition

When shopping for car brakes, two types often come up: ceramic and steel. These aren’t just different names; the materials themselves set the two apart, influencing performance, durability, and price. Ceramic brakes, as the name hints,