Strip Tinning Holdings PLC New Glazing Sales Nomination (3817S)
06 Novembre 2023 - 8:00AM
UK Regulatory
TIDMSTG
RNS Number : 3817S
Strip Tinning Holdings PLC
06 November 2023
6 November 2023
Strip Tinning Holdings plc
("Strip Tinning" or the "Company")
New Glazing Sales Nomination
Strip Tinning Holdings plc (AIM: STG), a leading supplier of
specialist connection systems to the automotive sector, is pleased
to announce the receipt of a new production nomination for its
Glazing business.
The nomination is for the supply of glazing connectors to a
range of leading global automotive OEMs including Mercedes,
Volkswagen, Toyota and Skoda, for a number of battery and
combustion engine-based vehicle programmes.
Supply will commence in Q2 2024 and will continue for two to
five years, depending on the end of production dates of the
individual programmes. The lifetime sales value of the nomination
is forecast to be c. EUR3 m, of which EUR 525k is expected to be
recognised in FY2024.
Adam Robson, Executive Chair of Strip Tinning, commented:
"We are delighted to receive this nomination from one of our
core Glazing customers, reinforcing Strip Tinning's position as a
leading supplier of specialist Glazing connectors to all classes of
automotive vehicles. Our expertise and consistent delivery of
high-quality products leaves us well-placed to convert the growing
new nominations pipeline across our Glazing and EV divisions."
Enquiries:
Strip Tinning Holdings plc Via Alma PR
Adam Robson, Executive Chairman
Richard Barton, Chief Executive Officer
Adam Le Van, Chief Financial Officer
Singer Capital Markets (Nominated Adviser and Sole Broker) +44 (0) 20 7496 3000
Rick Thompson
James Fischer
Alma (Financial PR) striptinning@almastrategic.com
Josh Royston +44 (0) 20 3405 0205
Joe Pederzolli
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