skip to content

Interim Results

Filtronic swings into profit

30 January 2017 07:51

Filtronic swung into the black in the six months to the end of November posting an operating profit of £1.8m against a loss of £4.3m last time.

Revenue rose to £21.6m (H1 2016: £4.5 m) with Filtronic Wireless sales of £18.7m (H1 2016: £1.9m) and Filtronic Broadband sales of £2.9m (H1 2016: £2.6m).

The group reported an adjusted operating profit of £1.8m (H1 2016: £4.1m loss) and had net cash of £0.8m compared with net debt of £0.3m at the end of May.

Chairman Reg Gott said: "We have made good progress in a relatively short period to return the business to profitability and we are encouraged with the growing opportunity pipeline."

Story provided by

Related Company: FTC

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?


Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.