You can now get up to 20 free RNS alerts every day as a registered member. Clickhere to set-up your alerts.

Less Ads, More Data, More Tools Register for FREE
Sponsored Content
Don't want ads? Click here
Sponsored Content
Don't want ads? Click here

Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 107.50
Bid: 107.00
Ask: 108.00
Change: 3.50 (3.37%)
Spread: 1.00 (0.935%)
Open: 109.50
High: 109.50
Low: 103.50
Prev. Close: 104.00
FTC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Timelines are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Filtronic shares jump as it expects to beat market expectations

Mon, 16th Dec 2024 12:46

(Alliance News) - Filtronic PLC shares surged on Monday as it said it expects to beat market expectations and deliver "significant growth" in earnings.

The Sedgefield, England-based company is a designer and manufacturer of products for the aerospace, defence, telecoms infrastructure, and low earth orbit space markets.

Filtronic shares were up 6.3% to 76.50 pence in London on Monday morning.

It said it expects to report a "strong set of results" for the six months to the end of November, with "significant" growth in revenue and profit.

The company also said its second half customer demand "remains robust" due to pull-forward of customer orders.

It now expects to deliver stronger results for the full-year than current market expectations.

Chief Executive Officer Nat Edington said: "We are delighted with the continued momentum that we have achieved and look forward to focussing on delivering these increased expectations over the remainder of the year."

By Michael Hennessey, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
Today 10:36

Filtronic expands strategic partnership with SpaceX

(Sharecast News) - Filtronic announced on Wednesday that it has expanded its strategic partnership with SpaceX, securing an increased allocation of business to supply advanced E-band SSPA modules for the Starlink satellite constellation.

Read more
4 Mar 2025 16:01

UK aims to speed up defence contracts, finance minister says

UK wants to open up defence contracts to smaller companies

*

Read more
10 Feb 2025 12:10

LONDON MARKET MIDDAY: Stocks perk up despite latest batch of tariffs

(Alliance News) - Stock prices in London were higher heading into Monday afternoon, shaking off some US tariff nerves, with BP and gold miners among the stocks shining.

Read more
10 Feb 2025 10:26

AIM WINNERS & LOSERS: Filtronic wins SpaceX deal; Dekel rises

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday.

Read more
10 Feb 2025 09:33

Filtronic secures 'significant new contract' with SpaceX

(Sharecast News) - Shares in aerospace products manufacturer Filtronic rallied to a 52-week high early on Monday after announcing a "significant new contract" win with SpaceX.

Read more
10 Feb 2025 08:56

Filtronic to beat market expectations as signs contract with SpaceX

(Alliance News) - Filtronic PLC on Monday said it landed a "significant new contract win" with SpaceX.

Read more
10 Feb 2025 07:46

LONDON BRIEFING: Johnson Matthey names new CFO; Filtronic-SpaceX deal

(Alliance News) - London's FTSE 100 is called to open slightly higher at the start of the week, despite US tariff worries coming to the fore again.

Read more
4 Feb 2025 10:19

Filtronic swings to half-year profit amid SpaceX order boost

(Alliance News) - Filtronic PLC on Tuesday said it swung to profit in the first half of its current financial year, driven by "strong" order intake from SpaceX.

Read more
4 Feb 2025 07:25

Filtronic reports sharp increase in revenue, profits

(Sharecast News) - Filtronic reported a sharp increase in revenue and profitability for the six months ended 30 November on Tuesday, driven by strong order inflow and expanded manufacturing capacity.

Read more
28 Jan 2025 11:29

UK earnings, trading statements calendar - next 7 days

Read more
13 Jan 2025 10:46

IN BRIEF: Filtronic trading ahead of upgraded market expectations

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products for the aerospace, defence, space and telecoms infrastructure markets - Notes order intake for delivery in the current financial year ending May 31 is at a higher rate than expected. The company anticipates to deliver stronger annual results than the recently upgraded market expectations.

Read more
13 Jan 2025 07:21

Filtronic set to end year ahead of market forecasts

(Sharecast News) - Filtronic, a designer and manufacturer of advanced products for the aerospace, defence, space, and telecoms infrastructure markets, announced on Monday that its order intake for the current financial year had exceeded expectations.

Read more
6 Jan 2025 11:26

IN BRIEF: Filtronic names Antonino Spatola as chief commercial officer

Filtronic PLC - Sedgefield, England-based manufacturer of aerospace, defence and telecoms infrastructure product - Appoints Antonino Spatola as new chief commercial officer. The company says he will focus on "driving growth and expanding market presence". Spatola previously held senior roles at Teledyne E2V and Leonardo Spa.

Read more
6 Jan 2025 11:18

Filtronic appoints new chief commercial officer

(Sharecast News) - Filtronic, a designer and manufacturer of products for the aerospace, defence, space, and telecoms infrastructure markets, announced the appointment of Antonino Spatola as its new chief commercial officer on Monday.

Read more

Make Better Investment Decisions

Register for FREE

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.