Surface Transforms, a Merseyside brake disc maker has reported gross profit and revenues soared by 72 percent and 55 percent in the six months to June 30 following huge contract wins and increasing sales.
Knowsley-based Surface Transforms released its half-year financial results on Monday, revealing that profit had risen to £590,000, with revenue up to £902,000, with losses before tax falling to £1.451 million from £1.525 million during the same period last year.
Surface Transforms plc (LON:SCE) are experts in the development and production of carbon-ceramic materials and the UK’s only manufacturer of carbon-ceramic brakes for automotive use.