Filtronic designs and manufactures RF-to-mmWave components and subsystems for mission-critical communication networks.
It develops products for telecommunications infrastructure, aerospace and defence, space, test & measurement, and critical communications.
Trading Ahead of Expectations - 13th January 2025
Filtronic plc (LON:FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, is pleased to announce that order intake for delivery in the current financial year is at a higher rate than anticipated.
Consequently, the Board now expects to deliver stronger results for the full year than the recently upgraded market expectations.
The company is due to announce its Interim Results on Tuesday 4th February.
The group's shares, which closed at 90.25p on Friday night, could well be headed through the 100p level far earlier than even I thought.
(Profile 04.02.22 @ 11.6p set a Target Price of 14.5p*)
(Profile 04.01.24 @ 21p set a Target Price of 24p+*)
(Profile 26.06.24 @ 67p set a Target Price of 80p*)
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