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
