Filtronic PLC
03 June 2005
FILTRONIC PLC
Trading Update
Following the end of the current financial year on 31 May 2005, Professor J D
Rhodes, CBE, FRS, FREng, Executive Chairman of Filtronic plc ('Filtronic'), a
leading provider of customised microwave electronic subsystems for the wireless
telecommunications and defence industries issued the following statement on
current trading:
'In my statement issued on 31 January 2005, I indicated that the company was
continuing with the activities for the disposal of the Handset Products
division. Information on the history, current trading and prospects of this
business has been shared with various parties. Following this process the Board
received a number of proposals at values in line with market expectations. The
Board has now entered into a period of detailed negotiations for the disposal,
which may or may not result in a sale.
The profit and loss performances for the Wireless Infrastructure and Integrated
Products divisions individually remain satisfactory, with the Handset Products
division having a cyclically slow second half year.'
For further information contact:
Filtronic plc
Professor David Rhodes Tel: 01274 221 000
Mob: 07850827280
John Roulston Tel: 01274 231 017
Mob: 07800706318
Binns & Co PR Ltd
Peter Binns Tel: 020 7153 1477
Mob: 07768 392 582
Paul McManus Tel: 020 7153 1485
Mob: 07980 541 893
This information is provided by RNS
The company news service from the London Stock Exchange
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