Filtronic trading ahead of expectations amid strong demand
By Josh White
Date: Tuesday 06 May 2025
(Sharecast News) - Filtronic said in an update on Tuesday that it expects to exceed current market expectations for both the 2025 and 2026 financial years, driven by increased customer demand and expanded manufacturing capacity.
The AIM-traded designer and manufacturer of advanced technology for the aerospace, defence, space and telecoms sectors signalled stronger revenue and adjusted EBITDA in the second half of the current financial year.
It said recent investments in manufacturing were now fully operational, supporting its ability to deliver on rising order volumes.
Filtronic added that the improved trading momentum in 2025 was set to continue into 2026, underpinned by anticipated new programmes with both existing and new customers.
"We are very pleased with the substantial progress we've made and the positive impact it's having on our financial performance," said chief executive officer Nat Edington.
"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."
At 1142 BST, shares in Filtronic were up 3.03% at 98.5p.
Reporting by Josh White for Sharecast.com.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN