Business
Trading Update
Trading Update.
About this update from Filtronic Plc
[{"type":"text","content":"\n\n6 May 2025\nFiltronic plc\n(the \"Company\")\n \nTrading update\n \nCompany expects to exceed market expectations for FY2025 and FY2026\n \nFiltronic plc (AIM: FTC), the designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets, is pleased to announce the outlook for both FY2025 and FY2026 is expected to exceed current market expectations.\nInvestments in manufacturing capacity during the financial year are fully online allowing the Company to meet increasing customer demand. This will deliver stronger revenue and adjusted EBITDA in H2 of FY2025 and result in us beating current market expectations for the current year.\nThe strengthened trading performance in FY2025 is expected to carry through to FY2026 as anticipated new programmes come through with new and existing customers.\nNat Edington, Chief Executive Officer, commented: \"We are very pleased with the substantial progress we've made and the positive impact it's having on our financial performance. The team has worked tirelessly to bring new programmes to fruition across the defence and space markets. Our continued investment in engineering and manufacturing has positioned us to meet growing demand, and we are confident in the trajectory of the business as we scale to capitalise on future opportunities.\"\n*adjusted earnings before interest, taxation, depreciation, amortisation and share based payments\n \nFor further information, visit filtronic.com.\n \nEnquiries:\n \n\n\n\n\nFiltronic plc\n\n\nTel. 01740 618800 or [email protected]\n\n\n\n\nNat Edington (Chief Executive Officer) \n\n\n \n\n\n\n\nMichael Tyerman (Chief Financial Officer)\n\n\n \n\n\n\n\n\n\n\n \n\n\n\n\nCavendish Capital Markets Limited\n\n\nTel. 020 7220 0500\n\n\n\n\nJonny Franklin-Adams, Isaac Hooper, Trisyia Jamaludin (Corporate Finance)\n\n\n\n\nSunila de Silva, Ondraya Swanson (Corporate Broking)\n\n\n\n\n\n\n\n \n\n\n \n\n\n\n\nWalbrook PR Limited\nNick Rome/Joe Walker\n\n\nTel. 020 7933 8780 or [email protected]\n\n\n\n\n \nNote: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation.\n \n\n","length":6379,"tagName":"div"}]