New Contract Win Worth US$7.9m

RNS Number : 6662S

Filtronic PLC

21 March 2016

 

Filtronic plc

New Contract Win Worth US$7.9 million

Filtronic plc (AIM: FTC), the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market and adjacent markets, is pleased to announce that it has received a further substantial production order for its new range of integrated antennas from a major European OEM.

The order is valued at approximately US$7.9 million and is a follow-on to the previously announced orders of US$3.9 million and US$2.0 million received from the customer in January and early March 2016 respectively. The Company expects fulfilment of the US$7.9 million order will straddle the financial year ending 31 May 2016.

Enquiries:

Filtronic plc	Tel. [phone]
Rob Smith (CEO)
Maura Moynihan (Company Secretary)	Tel. [phone]
Panmure Gordon (UK) Limited	Tel. [phone]
Dominic Morley / Alina Vaskina (Corporate Finance) Erik Anderson / Tom Salvesen (Corporate Broking)
Walbrook PR Limited	Tel. [phone] or [e-mail]
Paul Cornelius Helen Cresswell	Mob. [phone] Mob. [phone]

 

END

 

 

CNTSEMFISFMSEED