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Velocity Composites plc (VEL) Ord GBP0.0025

Sell:35.00p Buy:36.00p 0 Change: No change
Market closed Prices as at close on 13 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:35.00p
Buy:36.00p
Change: No change
Market closed Prices as at close on 13 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:35.00p
Buy:36.00p
Change: No change
Market closed Prices as at close on 13 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Velocity Composites plc is a United Kingdom-based manufacturer of carbon fiber and ancillary material kits for use in the production of aircraft. The Company offers a full shape generation, shape management and nesting service. Its offerings include Structural Kits and Consumable Engineered Vacuum Bag Material Kits. Structural Kits are manufactured from film adhesives, high performance materials and rolls of woven and uni-directional glass and carbon fiber fabrics. Consumable kits are used during the process of applying the structural material to the tool to create a vacuum bag assembly. Consumable kits include breathers, vacuum bags, peel plies and release films. Breathers are engineered breathable 2D and 3D assemblies designed specifically for the customers’ tools, which allow trapped air and volatiles to escape evenly over the carbon fiber layup and create an even vacuum during the autoclave curing process.

Contact details

Address:
A M S Technology Park, Billington Road
BURNLEY
BB11 5UB
United Kingdom
Telephone:
+44 (01282) 577577
Website:
https://www.velocity-composites.com/

Important dates

Future events
There are no future events available.
Past events
Trading Announcement 13 November 2019 13/11/19
Interim results 24 June 2019 24/06/19
Trading Announcement 09 May 2019 09/05/19
AGM 25 March 2019 25/03/19
Final results 22 January 2019 22/01/19

General stock information

EPIC:
VEL
ISIN:
GB00BF339H01
Market cap:
£12.75 million
Shares in issue:
35.92 million
Sector:
Aerospace & Defense
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Jonathan Bridges
    Interim Chief Executive Officer, Chief Technology Officer, Executive Director
  • Andrew Hebb
    Interim Chief Financial Officer, Company Secretary
  • Darren Ingram
    Chief Operating Officer
  • Matthew Archer
    Chief Commercial Officer
  • Christopher Banks
    Head of Special Projects
  • Gerard Johnson
    Chief Strategy Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.