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Filtronic (FTC) Share News

Filtronic stock jumps on lower earnings, higher sales and new contract

6th Feb 2024 10:53

(Alliance News) - Filtronic PLC on Tuesday said it swung to a loss in its latest half year, but celebrated winning two new "significant" contracts with a "leading" client. Read More

UK earnings, trading statements calendar - next 7 days

30th Jan 2024 15:28

IN BRIEF: Filtronic inks deal with Qinetiq for RF subsystem

15th Jan 2024 10:59

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Inks new contract with Qinetiq Group PLC, a global defence and security company. Says that phase one of the contract is valued at GBP2.0 million, with revenue expected to be recognised over the next two years. It is for the development of a radio-frequency subsystem to be installed into a range radar solution, which can then be deployed either as a vehicle mounted land system or a helicopter mounted mobile solution. Read More

IN BRIEF: Filtronic shares rise on new USD6 million contract

20th Dec 2023 11:57

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Wins new contract worth USD6.0 million, or GBP4.8 million, with "a leading global provider of low earth orbit" satellite communications equipment". Filtronic will deliver production volumes of its second generation Cerus32 solid state power amplifier module. Customer will install the modules in selected ground station locations as part of its earth station antenna deployment. Read More

Filtronic shares up on GBP4.5 million contract win

19th Dec 2023 10:13

(Alliance News) - Filtronic PLC on Tuesday said it has won a new contract for the development and manufacture of advanced RF electronic modules for a "major UK defence prime." Read More

UK shareholder meetings calendar - next 7 days

19th Oct 2023 15:46

TRADING UPDATES: Faron appoints Birge Berns as interim medical officer

21st Sep 2023 12:12

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Kropz makes ZAR155 million draw down on loan

18th Sep 2023 17:07

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

EARNINGS SUMMARY: Robert Walters interim profit down, LMS NAV falls

1st Aug 2023 14:06

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK earnings, trading statements calendar - next 7 days

25th Jul 2023 15:46

AIM WINNERS & LOSERS: Bowleven says fundraising efforts continue

21st Jul 2023 10:40

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

Filtronic wins GBP3.2 million contract with European Space Agency

21st Jul 2023 10:10

(Alliance News) - Filtronic PLC on Friday said it won a GBP3.2 million contract to develop space payload communication systems for the European Space Agency. Read More

Filtronic expects to post lower revenue; eyes further momentum

23rd Jun 2023 09:48

(Alliance News) - Filtronic PLC on Friday said revenue dropped on component shortages, but remains hopeful amid supply chain constraints ease and contract wins. Read More

Filtronic inks contract worth GBP900,000 for Morpheus X2 product

20th Apr 2023 14:19

(Alliance News) - Filtronic PLC on Thursday touted a new contract win with an unnamed global provider of 5G telecoms infrastructure equipment for the provision of its Morpheus X2 product. Read More

IN BRIEF: Filtronic inks USD800,000 for power amplifier modules

3rd Apr 2023 12:25

Filtronic PLC - Leeds-based antenna maker - Signs new contract with an unnamed "provider of low latency private networks." The contract is valued at USD800,000, with revenue expected to be recognised in financial 2024. Under the agreement, Filtronic are required to design, develop and manufacture "high-performance" power amplifier modules for incorporation into next generation point-to-point microwave radios. Read More

IN BRIEF: Filtronic achieves a rise in interim revenue but profit down

7th Feb 2023 14:32

Filtronic PLC - Leeds-based antenna maker - Posts revenue of GBP8.4 million for the for the six months ended November 30, up 5.0% from GBP8.0 million a year earlier. Pretax profit, however, decreases to GBP440,000 from GBP684,000, as operating profit falls to GBP483,000 from GBP721,000 a year earlier. Says a lower operating profit is due to an adverse first half sales mix, offset by "brief advantage from strong US dollar sales, and a higher cost base following investment into sales channels and engineering". Read More

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