On 24 March, Surface Transforms (SCE) announced a further major multi-year contract from OEM 8. This contract is its largest to date, and brings an additional ca.£70m lifetime sales value. The company’s strong outlook is entrenched, as aptly summarised by the Chairman some time ago with the FY’22 interim results, which were announced on 13 September 2021: “The Company now expects to enter a period of high growth, partially, but not solely based on a lifetime value OEM order book of ca.£70m". The £70m order book of seven months ago has expanded to over £180m, via existing and new clients. Capacity expansion is in place and documented.
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