Zytronic Share News (ZYT)

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 earlier.Profit before tax increased by 27% to £2.9m for the year ended 30 September 2010. Revenue advanced to £18.5m during the year from £15.9m previously.Commenting on the results chairman David Banks said, "The success of our touch sensor products in the self-service, kiosk and digital signage markets augurs well for the future. To this must be added recent contract wins in the gaming sector and the first white-goods product with a Zytronic touch sensor display which is expected to be launched early in 2011."Underlining the group's confidence in future trading, the group has proposed a final dividend of 5p, up from 3.8p in 2009, increasing the total dividend by 40% to 7p.Banks added, "Whilst we do not expect a repeat of this year's dramatic growth in sales of optical filters to the ATM market, the Directors are confident that the continuous efforts to broaden both the product range and geographical coverage will provide the platform for further improvements in the Group's trading performance."