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Trading statements

Filtronic ahead of market expectations

12 May 2017 07:41

Filtronic expects revenues and operating profits for the year ending 31 May to be ahead of market forecasts.

It said that trading during the fourth quarter in the Filtronic Wireless business had been ahead of previous management expectations and despite some marginal, short-term weakness in trading in Filtronic Broadband, the board now expected total group revenue of approximately £35m in the year ending 31 May, with a commensurate increase to operating profit.

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