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Pin to quick picksZytronic Share News (ZYT)

Share Price Information for Zytronic (ZYT)

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Share Price: 57.50
Bid: 55.00
Ask: 60.00
Change: 0.00 (0.00%)
Spread: 5.00 (9.091%)
Open: 57.50
High: 57.50
Low: 57.50
Prev. Close: 57.50
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Zytronic disappoints with full-year results after 'difficult' H1

Tue, 10th Dec 2013 09:59

Full-year profits more than halved at Zytronic, a manufacturer of touch sensors, hit by a 'particularly difficult' first half following the absence of some large one-off orders and projects. Pre-tax profits in the year ended September 30th decreased from £4.2m to £1.9m year-on-year (yoy), pushing adjusted earnings per share to 11.1p from 22.2p a year earlier. This was despite an improvement in second half underlying pre-tax profit to £1.6m from £0.8m in the first. Revenue fell from £20.4m to £17.3m year-on-year. The group explained profits were also hit by a £0.4m one-off non-cash impairment of a royalty pre-payment.The total dividend for year increased by 7.1% to 9.1p (2012: 8.5p). Chairman, Tudor Davies, said: "The first two months of the current financial year have seen a continuation of the improved margins and order intake experienced in the second half last year, and as long as the benefits from the trend towards touch sensor products continue, performance should improve this year."Following a particularly difficult first half, the performance for the year [...], after five years of continuing growth, was disappointing. However, the second half has shown a considerable improvement with an underlying operating profit [...] compared with the first half." The share price fell 8.81% to 191.50p by 10:25 Tuesday.NR
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9 Oct 2013 08:47

Zytronic sees full year ahead of views

Touch sensors and optical filters maker Zytronic reported an improved trading performance during the second half of its financial year and now expects full year results to be ahead of market expectations. Pre-tax profit for the year ended September 30th is now expected to be approximately £1.9m on

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9 Oct 2013 08:26

Zytronic Expects Full Year Results To Exceed Market Expectations

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17 Sep 2013 08:13

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Tonic for Zytronic

Touch sensors and optical filters maker Zytronic rose to a 52-week high on the day of its annual general meeting where company Chairman, Tudor Davies, revealed that sales in the current financial year are ahead of last year. "The board is pleased to report that in the first four months of the finan

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7 Dec 2011 10:29

Zytronic profit bounces 22%

Zytronic, a maker of touch sensors and optical filters, said pre-tax profit rose 22% in the year ended 30 September 2011 and added it was pleased with current levels of trading. Group revenue increased £20.5m in the year to end-September from £18.5m the same time a year before. Pre-tax profit incre

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18 Mar 2011 16:54

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9 Feb 2011 17:53

Kennair steps down from Zytronic

John Kennair is not seeking re-election to the board of AIM-quoted Zytronic after the controversy over his secret payments to Romag. Kennair, who used to be the chairman of Zytronic which was demerged from Romag in 2000, was originally seeking re-election at the AGM on 10 February. Kennair owns 0

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8 Dec 2010 08:59

Zytronic toasts record orders

Shares of Zytronic, maker of touch sensors and optical filters, shot ahead after it posted a surge in full year sales and revealed record orders. A particularly strong second half boosted results for the full year. The group saw orders rise to an all time high of £19.8m compared to £16.1m the year

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