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    BOY   GB00B3FLWH99

BODYCOTE PLC

(BOY)
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Bodycote : receives Cameron Schlumberger approval for coatings

08/31/2021 EDT
Bodycote receives Cameron Schlumberger approval for coatings

Bodycote, the world's largest thermal processing services provider, is pleased to announce Cameron Schlumberger has awarded approval for its coatings solutions, underlining the high standards of quality achieved.

Bodycote's Knowsley facility is the centre of excellence providing thermal coatings and K-Tech ceramic coating solutions to oil & gas and industrial gas turbines. Bodycote has recently invested in a new process line to service the gates and seats markets.

In the oilfield, gate valves are constantly subjected to high pressures and hostile environmental conditions. To maintain a tight seal when open or closed, the valve stems, seats and gates must be protected from the elements at all times. Bodycote's surface technology solutions provide sealing properties and superior resistance to hostile operating conditions causing corrosion, galling, and wear.

Bodycote Senior Vice President of Technical Services and Surface Technology, Phillippe Prince, commented: 'We are delighted to be awarded with this prestigious supplier approval and look forward to supporting Cameron in surface coating solutions and specialist processes.'

Bodycote offers a comprehensive range of high-performance surface technologies to aviation, energy and other industries. By continuously advancing coatings technologies, Bodycote supports customers to improve their environmental performance, decrease energy consumption, extend component life, improve productivity, minimise downtime, reduce operating costs and produce high-quality components.

For more information on Bodycote, visit www.bodycote.com

About Bodycote

With facilities in 22 countries, Bodycote is the world's largest provider of heat treatments and specialist thermal processing services. Through classical heat treatment and specialist technologies, including Hot Isostatic Pressing (HIP), Bodycote improves the properties of metals and alloys, extending the life of vital components for a wide range of industries, including aerospace, defense, automotive, power generation, oil & gas, construction, medical and transportation. Customers in all of these industries have entrusted their products to Bodycote's care for more than 50 years. For more information, visit www.bodycote.com.

For further information, please contact:

Michaela Yasin
Email: michaela.yasin@bodycote.com / Tel: +44 (0) 1625 505300

Disclaimer

Bodycote plc published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 September 2021 08:31:07 UTC.


© Publicnow 2021
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Sales 2021 622 M 854 M 854 M
Net income 2021 61,8 M 84,8 M 84,8 M
Net Debt 2021 138 M 190 M 190 M
P/E ratio 2021 24,6x
Yield 2021 2,44%
Capitalization 1 570 M 2 161 M 2 156 M
EV / Sales 2021 2,75x
EV / Sales 2022 2,45x
Nbr of Employees 4 747
Free-Float 98,8%
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Number of Analysts 16
Last Close Price 824,00 GBX
Average target price 906,25 GBX
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Stephen C. Harris Group Chief Executive Officer & Executive Director
Dominique Robert Yates Chief Financial Officer & Executive Director
Anne C. Quinn Non-Executive Chairman
Eva Maud Lindqvist Independent Non-Executive Director
Ian Barnet Duncan Senior Independent Non-Executive Director
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