Filtronic (FTC)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 75.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 79.50p
  • 52 Week Low: 15.50p
  • Currency: UK Pounds
  • Shares Issued: 218.98m
  • Volume: 453,160
  • Market Cap: £164.24m
  • RiskGrade: 247
  • Beta: 0.60

Filtronic manufacturing output hits targets

By Iain Gilbert

Date: Thursday 31 Oct 2024

LONDON (ShareCast) - (Sharecast News) - Mission-critical communication network components business Filtronic said on Thursday that manufacturing output has reached planned customer volume and quality requirements following strong order flow from SpaceX in H1.
Filtronic stated the "cadence of orders" it had enjoyed was to support new gateway link rollouts, in line with the growth of the Starlink constellation, and to retrofit existing gateway links in the field with E-band Solid State Power Amplifiers to increase bandwidth and lower latency in the system.

As a result, the AIM-listed group anticipates H125 trading will be stronger than H224, as the retrofit completes, and it reverts back to supporting the extension of the network.

"This gives confidence of delivering results for the full year in line with market expectations," said Filtronic.

As of 1340 GMT, Filtronic shares were up 2.09% at 75.55p.







Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Filtronic Market Data

Currency UK Pounds
Share Price 75.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 79.50p
52 Week Low 15.50p
Volume 453,160
Shares Issued 218.98m
Market Cap £164.24m
Beta 0.60
RiskGrade 247

Filtronic Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average89.61% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Price Trend
98.67% above the market average98.67% above the market average98.67% above the market average98.67% above the market average98.67% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
98.33% above the market average98.33% above the market average98.33% above the market average98.33% above the market average98.33% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

Filtronic Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
15:46 39,800 @ 75.00p
16:29 20,000 @ 73.77p
15:57 20,000 @ 75.22p
15:50 10,000 @ 74.70p
14:50 25,000 @ 75.00p

Filtronic Key Personnel

CFO Michael Tyerman
CEO Nat Edington

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