PipeHawk plc

PIP

GB0003010609

Electronic Equipment & Parts

Market Closed - London S.E. Other stock markets 11:35:29 2024-05-31 am EDT			5-day change	1st Jan Change
7.75 ^GBX	-6.06%		-6.06%	-6.06%

May. 23	Celadon ships to US; Oxford BioDynamics-Goodbody pact	AN
May. 17	PipeHawk Bags Assembly Line Supply Contract	MT

PipeHawk shares up as subsidiary wins GBP750,000 contract

May 17, 2024 at 05:28 am EDT

PipeHawk PLC - Hampshire, England-based provider of technology for highways and for the automotive, rail and aerospace industries - Subsidiary QM Systems Ltd wins contract with an unnamed building materials business to deliver an assembly line for the manufacture of flooring tile assemblies. The project will generate revenue of about GBP750,000 and will take about 10 months to deliver.

Chair Gordon Watt says: "This is incredibly exciting news for QM and cements an already established partnership built over the last few years between the customer and QM Systems."

Current stock price: 8.00 pence, up 6.7% in London on Friday

12-month change: down 36%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Latest news about PipeHawk plc

Celadon ships to US; Oxford BioDynamics-Goodbody pact	May. 23	AN
PipeHawk Bags Assembly Line Supply Contract	May. 17	MT
PipeHawk shares up as subsidiary wins GBP750,000 contract	May. 17	AN
EARNINGS: Mosman loss wider on production fail; PipeHawk "optimistic"	Mar. 27	AN
PipeHawk plc Reports Earnings Results for the Half Year Ended December 31, 2023	Mar. 27	CI
PipeHawk Unit Books Order for Fully Automated Welding System	Jan. 29	MT
Pipehawk subsidiary inks welding system deal with Stannah UK	Jan. 29	AN
AIM WINNERS & LOSERS: Surgical Innovations shares jump as revenue up	Jan. 29	AN
PipeHawk shares plunge as loss widens on higher costs	Nov. 29	AN
Earnings Flash (PIP.L) PIPEHAWK Reports FY23 Revenue GBP6.5M	Nov. 29	MT
Earnings Flash (PIP.L) PIPEHAWK Posts FY23 Loss GBX-6.84	Nov. 29	MT
PipeHawk plc Reports Earnings Results for the Full Year Ended June 30, 2023	Nov. 29	CI
PipeHawk Bags Automation Assembly Contract from JVM Castings	23-10-18	MT
PipeHawk wins GBP800,000 automotive aluminium castings contract	23-10-18	AN
PipeHawk subsidiary wins contract to deliver manufacturing facility	23-06-06	AN
PipeHawk posts widened loss in 2022 as revenue declines	23-03-30	AN
PipeHawk plc Reports Earnings Results for the Half Year Ended December 31, 2022	23-03-30	CI
TRADING UPDATES: Logistics Development buys Alliance Pharma shares	22-12-23	AN
FTSE 100 Closes Down 0.42% on Worrying GDP Data	22-12-22	DJ
Brexit Trade Deal Is Holding Back UK Business With EU	22-12-22	DJ
Sterling Could Fall Further Vs Euro on ECB-BOE Divergence	22-12-22	DJ
PipeHawk plc Auditor Raises 'Going Concern' Doubt	22-12-07	CI
PipeHawk makes loss; orders beginning to recover and company expanding	22-11-29	AN
Earnings Flash (PIP.L) PIPEHAWK Posts FY22 Revenue GBP6.2M	22-11-29	MT
Earnings Flash (PIP.L) PIPEHAWK Posts FY22 Loss GBX-2.42	22-11-29	MT

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Company Profile

PipeHawk plc is a United Kingdom-based company, which offers advanced engineering solutions to technical requirements across various industries. The principal activities of the Company are the development, assembly and sale of test system and rail industry solutions and ground probing radar (GPR) equipment; the provision of ground probing radar (GPR)-based services, and the undertaking of complementary research and development assignments. The Companyâs segments include utility detection and mapping services; development, assembly and sale of GPR equipment; and automation and test system solutions. The Company is focused on providing technology solutions across a range of industries, specializing in highways, automotive, rail, aerospace and slip test solutions. The Company's subsidiaries include Adien Limited, QM Systems Ltd, Thomson Engineering Design Ltd, Wessex Precision Instruments Ltd, and Utsi Electronics Ltd.

Sector

Electronic Equipment & Parts

Calendar

2024-10-22 - Q4 2024 Earnings Release (Projected)

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