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Contract Wins and Joint Ventures

Filtronic's order

21 March 2016 11:49

Filtronic has announced that it has received a further substantial production order for its new range of integrated antennas from a major European OEM.

The Company has valued the order at approximately USD7.9 million and is a follow-on to the previously announced orders of USD3.9 million and USD2.0 million received from the customer in January and early March 2016 respectively.

The Company expects fulfilment of the USD7.9 million order will straddle the financial year ending 31 May 2016.

At 11:49am: (LON:FTC) Filtronic PLC share price was +1.25p at 6.13p

Story provided by StockMarketWire.com

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