31st Mar 2016 08:53
LONDON (Alliance News) - Semiconductors manufacturer CML Microsystems PLC on Thursday said it remains on track to meet its full-year expectations.
CML said its operating results are in line with market forecasts for the financial year to the end of March, with revenue and profit having improved in the second half.
New orders progressed, and CML said it managed to secure orders from two customers in the second half which had been delayed previously.
CML said customer demand in its end markets remains difficult to predict, but still expects trading to improve in its 2017 financial year.
CML shares were up 0.4% to 390.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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