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Filtronic Expects Annual Profit Rise, But Substantial Revenue Drop

2nd Jul 2018 12:55

LONDON (Alliance News) - Antenna and filters manufacturer Filtronic PLC said on Monday that trading in the second half of its financial was in line with market guidance.

As a result, for the year to the end of May, the company expects to report revenue at GBP24.0 million, down from GBP35.4 million the year before and operating profit to be GBP1.8 million, up from GBP1.7 million.

Filtronic will publish its full-year results on August 16.

Shares in Fltronic remained flat at 11.00 pence on Monday.


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Filtronic
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Value8,809.74
Change53.53