Tan Delta Systems Unveils 2024 Results, Highlights Strategic Growth Path

 

Tan Delta Systems PLC (LSE:TAND) has released its financial results for the year ending December 2024, reporting a 16% drop in revenue due to delays in closing high-value customer deals. However, the company remains optimistic, having expanded its sales pipeline to £35 million and actively engaged in 20 ongoing product trials. New distribution partnerships in the Middle East are expected to support future growth.

Looking ahead, Tan Delta is sharpening its focus on scaling operations, strengthening its production and supply chain infrastructure to meet rising demand. With recent progress in product innovation and collaborations with leading engine manufacturers, the company is positioning itself for broader market penetration and sustainable expansion.

About Tan Delta Systems

Tan Delta Systems PLC specializes in advanced equipment monitoring technologies, with a core offering in real-time oil condition analysis. Its solutions serve key industries including power generation, heavy equipment, and mining, with growing adoption across marine, oil & gas, and rail sectors.

• Average Daily Trading Volume: 5,757 shares

• Technical Sentiment: Sell

• Market Capitalization: £13.55 million

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