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Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

London Stock Exchange
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Share Price: 101.00
Bid: 100.00
Ask: 102.00
Change: 10.75 (11.91%)
Spread: 2.00 (2.00%)
Open: 96.00
High: 101.00
Low: 93.75
Prev. Close: 90.25

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IN BRIEF: Filtronic eyes to beat market expectations amid SpaceX order

Fri, 30th Aug 2024 21:47

Filtronic PLC - Sedgefield, England-based designer and manufacturer of products for the aerospace, defence, telecoms infrastructure, and low earth orbit space markets - Receives further follow-on production order from SpaceX, valued at USD8.4 million. Filtronic says the order "represents a continuation of demand for the E-band solid state power amplifier modules to support the ongoing deployment of SpaceX's Starlink constellation which provides high-speed, low-latency internet to users all around the world. It is anticipated the order will be fulfilled in calendar year 2025." Pertinently, Filtronic now expects to trade ahead of current market expectations in the current financial year 2025 ending May 31. Chief Executive Officer Nat Edington says: "We are delighted to receive another production order from our partner, SpaceX, as we continue to support the deployment of the Starlink constellation with E-band technology."

Current stock price: 79.50 pence each, closed 4.6% higher on Friday in London

12-month change: up sharply from 17.00p on August 30, 2023

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
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.

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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.

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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.

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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.

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16 Dec 2024 12:46

Filtronic shares jump as it expects to beat market expectations

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

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16 Dec 2024 10:00

Filtronic expects to report 'strong set of results' for H1

(Sharecast News) - Radiofrequency components manufacturer Filtronic said on Monday that it expects to report "a strong set of results" for the six months ended 30 November, with significant growth in both revenue and profits.

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31 Oct 2024 10:16

Filtronic manufacturing output hits targets

(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.

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24 Oct 2024 14:22

UK shareholder meetings calendar - next 7 days

Friday 25 October 
Balanced Commercial Property Trust LtdGM re planned takeover by Starwood Funds
Europa Metals LtdGM re sale of EMI to Denarius Metals
IXICO PLCGM re equity raise
KCR Residential REIT PLCAGM
Scancell Holdings PLCAGM
Monday 28 October 
Centamin PLCGM re takeover by AngloGold Ashanti PLC
City of London Investment Group PLCAGM
Crystal Amber Fund LtdGM re B share scheme
Empyrean Energy PLCGM
Net Zero Infrastructure PLCAGM
Tuesday 29 October 
Falcon Oil & Gas PLCEGM re listing in US, name change, share consolidation
Gulf Investment Fund PLCEGM re proposed liquidation
Indus Gas LtdAGM
Wednesday 30 October 
BHP Group LtdAGM
Hargreaves Services PLCAGM
MOH Nippon PLCAGM
Springfield Properties PLCAGM
Trinity Exploration & Production PLCGM re planned takeover by Lease Operators
Thursday 31 October 
Armadale Capital PLCGM re planned cancellation of shares on AIM
Cloudcoco Group PLCGM re entire sale of CloudCoCo Ltd
Filtronic PLCAGM
Grand Vision Media Holdings PLCAGM
Renalytix PLCGM re fundraise
TheWorks.co.uk PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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6 Sep 2024 11:53

Filtronic to relocate Sedgefield site to new purpose-built facility

(Alliance News) - Filtronic PLC announced on Friday it had signed a deal to relocate its Sedgefield site to a larger, purpose-built facility on the same business park in early 2025.

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6 Sep 2024 11:15

Filtronic unveils planned move to new, purpose-built facility

(Sharecast News) - Filtronic, a designer and manufacturer serving the aerospace, defence, space, and telecoms sectors, announced plans to relocate its Sedgefield operations on Friday, to a new, purpose-built facility in early 2025.

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30 Aug 2024 09:31

Filtronic wins $8.4m contract with SpaceX

(Sharecast News) - Communications equipment company Filtronic said on Friday that it had won a contract with SpaceX valued at $8.4m.

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23 Jul 2024 16:10

IN BRIEF: Filtronic wins USD9 million follow-on order from SpaceX

Filtronic PLC - Sedgefield, England-based company is a designer and manufacturer of products for the aerospace, defence, telecoms infrastructure, and low earth orbit space markets - Receives follow-on production order from SpaceX. The order is irrevocable, valued at USD9 million, and represents a continuation of demand for the E-band solid state power amplifier modules to support the ongoing deployment of SpaceX's Starlink constellation which provides high-speed, low-latency high-speed internet to users. Expects the order to be fulfilled in the current financial year.

Read more
23 Jul 2024 14:34

UK earnings, trading statements calendar - next 7 days

Wednesday 24 July 
Aston Martin Lagonda Global Holdings PLCHalf Year Results
Breedon Group PLCHalf Year Results
easyJet PLCTrading Statement
Fresnillo PLCHalf Year Results
FRP Advisory PLCFull Year Results
Greencoat UK Wind PLCHalf Year Results
Harworth Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
Motorpoint Group PLCTrading Statement
Nichols PLCHalf Year Results
Norcros PLCTrading Statement
PensionBee Group PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Reckitt Benckiser Group PLCHalf Year Results
RHI Magnesita NVHalf Year Results
Totally PLCFull Year Results
Unite Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
Thursday 25 July 
Airtel Africa PLCQ1 Results
Anglo American PLCHalf Year Results
Aptitude Software Group PLCHalf Year Results
AstraZeneca PLCHalf Year Results
British American Tobacco PLCHalf Year Results
Britvic PLCQ3 Results
BT Group PLCTrading Statement
Centamin PLCHalf Year Results
Hammerson PLCHalf Year Results
Howden Joinery PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Indivior PLCHalf Year Results
ITV PLCHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Pennant International Group PLCTrading Statement
Relx PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
Unilever PLCHalf Year Results
Vodafone Group PLCTrading Statement
Workspace Group PLCTrading Statement
Friday 26 July 
Babcock International Group PLCFull Year Results
Drax Group PLCHalf Year Results
Jupiter Fund Management PLCHalf Year Results
Man Group PLCHalf Year Results
Natwest Group PLCHalf Year Results
Rightmove PLCHalf Year Results
Segro PLCHalf Year Results
Monday 29 July 
Cranswick PLCQ1 Results
Jadestone Energy PLCHalf Year Results
Ondo InsurTech PLCFull Year Results
Pearson PLCHalf Year Results
Smithson Investment Trust PLCHalf Year Results
Tuesday 30 July 
AG Barr PLCTrading Statement
Bodycote PLCHalf Year Results
BP PLCHalf Year Results
Croda International PLCHalf Year Results
Diageo PLCFull Year Results
Essentra PLCHalf Year Results
Filtronic PLCFull Year Results
Games Workshop Group PLCFull Year Results
Glencore PLCTrading Statement
Greggs PLCHalf Year Results
Inchcape PLCHalf Year Results
Paragon Banking Group PLCQ3 Results
Pod Point Group Holdings PLCHalf Year Results
Sabre Insurance Group PLCHalf Year Results
Smurfit Westrock PLCHalf Year Results
Spectris PLCHalf Year Results
Staffline Group PLCHalf Year Results
Standard Chartered PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
23 Jul 2024 12:18

Filtronic secures $9m SpaceX contract

(Sharecast News) - Components manufacturer Filtronic has secured a $9.0m contract with Elon Musk's SpaceX.

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