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Filtronic PLC Ord 0.1P (FTC)

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02-Feb-2021 09:07 AM

Filtronic narrows losses in H1 as lower costs offset slip in revenue

Telcoms products maker Filtronic reported narrower losses in the first half of the year as lower costs offset a slip in revenue. For the six months ended 30 November 2020, pre-tax losses narrowed to £143 million from £671 million year-on-yea
29-Oct-2020 08:41 AM

Filtronic warns on performance amid reschedule delays; challenges in winning new business continue

Communications products provider Filtronic warned on performance amid delays in ramping up output to planned volumes hurt performance and said it had continued to face challenges in winning new business. The programme reschedules, announced in the full y
30-Jun-2020 10:06 AM

Filtronic expects higher revenue this year as second-half performance meets guidance

Communications products maker Filtronic said it expected to report higher core earnings and revenue this year as performance in the second half of the year was broadly in line with market guidance despite some Covid-19 related disruption in the final quar
27-Nov-2019 09:40 AM

Filtronic sees first-half performance in line with expectations amid improved orders

Filtronic said first-half performance was anticipated to be in line with its expectations as order input levels across its portfolio of public safety, 5G backhaul and defence products had all shown improvement. The company also said it had invested appro
23-Oct-2019 09:01 AM

Filtronic profit slumps as consolidation in US mobile network operator market dents revenue

Filtronic reported a sharp fall in profit as revenues slipped after capital spending priorities changed for US mobile network operators following consolidation in the industry. For the 12 months ended 31 May 2019, pre-tax profit fell to £0.1m from
03-Jul-2019 08:33 AM

Filtronic expects to swing to operating loss as ongoing demand uncertainty over antennas weigh

Telecoms equipment maker Filtronic said it expected to swing to an operating loss even as demand uncertainty for its recently launched antennas continued to weigh on performance. For the financial year ended 31 May 2019, the company expected to report 20
31-Jan-2019 08:10 AM

Broker Forecast - finnCap issues a broker note on Filtronic PLC

finnCap today initiates coverage of Filtronic PLC (LON:FTC) with a corporate investment rating and price target of 10.50p. Story provided by Broker Forecasts data provided by
29-Jan-2019 09:10 AM

Filtronic swings to first half operating loss as revenue hurt by declining demand

Wireless infrastructure manufacturer Filtronic Tuesday swung to a first half loss as revenues slipped amid 'volatility' of network roll-outs in the telecoms market.� For the six months ended 30 November 2018, the company reported operating los
12-Dec-2018 09:56 AM

Filtronic warns of loss on after customer slashes orders

Antennas designer and manufacturer Filtronic said it expected to report an annual loss as uptake of the recently introduced multiple-input and multiple-output antennas were expected 'substantially lower' than forecast in the second half of year.
16-Aug-2018 09:53 AM

Filtronic profits nearly halve as falling demand, production delays hurt performance

Microwave electronics manufacturer Filtronic reported Thursday annual pretax profits nearly halved and revenues slumped as lower demand for its products and delays in production weighed. For the 12 months to 31 May, profit before tax fell 45% to £
30-Jan-2018 01:57 PM

Filtronic profit tumbles as antenna orders shrink

Antenna manufacturer Filtronic posted a large fall in first-half profit after several large orders were completed. Pre-tax profit slumped to £582,000, down from £1.71m a year earlier after revenue almost halved to £12.8m. Recent extens
18-Dec-2017 07:45 AM

Filtronic warns of lower H1 revenues

Filtronic has warned that revenues and operating profits for the six months to the end of November will be down on a year ago but broadly in line with its forecasts. Filtronic said it expected to report unaudited revenues of approximately £12.8m (
28-Sep-2017 01:57 PM

All resolutions passed at AGM of Filtronic

Filtronic has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting. At 1:57pm: (LON:FTC) Filtronic PLC share price was -0.37p at 12.63p Story provided by
14-Aug-2017 07:33 AM

Filtronic wins £4.8m supply agreement

Filtronic's broadband business has secured a second multi-year supply agreement with a major European defence equipment manufacturer for the supply of specialist high frequency transmit and receive modules for a defence related aerospace application.
19-Jun-2017 07:25 AM

Filtronic on track

Filtronic said trading during the fourth quarter continued in line with the market guidance provided in its update on 12 May. It said the board therefore expected, subject to audit, to report group revenue of approximately £35.4m (2016: £13.
12-May-2017 07:41 AM

Filtronic ahead of market expectations

Filtronic expects revenues and operating profits for the year ending 31 May to be ahead of market forecasts. It said that trading during the fourth quarter in the Filtronic Wireless business had been ahead of previous management expectations and despite
30-Jan-2017 07:51 AM

Filtronic swings into profit

Filtronic swung into the black in the six months to the end of November posting an operating profit of £1.8m against a loss of £4.3m last time. Revenue rose to £21.6m (H1 2016: £4.5 m) with Filtronic Wireless sales of £18.7m
12-Dec-2016 07:35 AM

Filtronic Broadband supply deal

Filtronic's broadband business unit has entered into a multi-year supply agreement with a major defence equipment manufacturer to supply specialist high frequency modules for a latest generation defence related aerospace application. The supply agr
29-Sep-2016 07:35 AM

Filtronic returns to profitability

Filtronic traded strongly in the first quarter with revenues rising to £11.7m (2015: £2.2m) and resulting in the group returning to profitability with an operating profit of £1.0m (2015: £2.0m operating loss), according to an updat
02-Aug-2016 08:08 AM

Filtronic losses narrow

Filtronic posts a pre-tax loss of £7.0m for the year to the end of May - down from £11.0m last time. Sales revenues fell to £13.6m from £17.5m while operating losses before amortisation of intangibles, exceptional items and R&D d
21-Mar-2016 11:49 AM

Filtronic's order

Filtronic has announced that it has received a further substantial production order for its new range of integrated antennas from a major European OEM. The Company has valued the order at approximately USD7.9 million and is a follow-on to the previously
16-Feb-2016 07:46 AM

Filtronic losses narrow

Filtronic's revenues fell to GBP4.5m in the six months to the end of November - down from GBP7.3m a year ago. The operating loss before amortisation and exceptional items was virtually unchanged - GBP4.07m comapred with GBP4.11m last time - but pre-
27-Nov-2015 01:00 PM

Filtronic passes AGM resolutions

Filtronic (FTC) has confirmed that at the Company's Annual General Meeting, held earlier today, all resolutions were duly passed on a show of hands. In addition and as previously indicated, Howard Ford and Graham Meek stepped down from the Board aft
28-Sep-2015 07:24 AM

Higher annual losses at Filtronic

Filtronic, the designer and manufacturer of microwave electronics products for the wireless telecoms infrastructure market, has announced that revenues for for the year ended 31 May 2015 were £17.5m, compared to £32.9m in the previous year. Losses befo
05-Aug-2015 07:57 AM

Filtronic's fix

Filtronic said technical issues found while developing its integrated antenna product have been resolved. Meantime, FTC's Wireless business has received production tooling orders totalling $0.27m from its customer, a major telecoms OEM for Ultra Wid

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