IN BRIEF: Filtronic rises as expects to beat full-year market outlook
Filtronic PLC - Durham, England-based maker of products for aerospace, defence, space and telecommunications industries - Announces that its outlook for financial 2025 and 2026 is expected to exceed current market expectations. Specifically, it says it can meet increasing customer demand this year as investments in manufacturing capacity are fully online. "This will deliver stronger revenue and adjusted [earnings before interest, tax, depreciation & amortisation] in H2 of FY2025 and result in us beating current market expectations for the current year," Filtronic says. Adds that it expects this stronger trading performance in financial 2025 to carry through to the next year "as anticipated new programmes come through with new and existing customers". Read More